FTC — guidelines for claiming foreign tax credit

Circular No. 789/2000 — FTC — guidelines for claiming foreign tax credit

Date: 2000-01-01 Status: ACTIVE Category: International Taxation / DTAA Binding on Department: Yes (Section 119 / Section 400 IT Act 2025)

Summary

Guidelines for claiming foreign tax credit under section 90/91.

Key Directions

1. FTC for tax paid abroad on income also taxed in India.
2. Credit limited to Indian tax on foreign income.
3. Form 67 to be filed within prescribed time.

Applicability Under IT Act 2025

Saving Clause: Section 536 of IT Act 2025 saves circulars issued under the 1961 Act “so far as not inconsistent” with the new Act.

Old Section (1961 Act)	New Section (2025 Act)	Consistent?
90	158	Yes
91	159	Yes

Cross-References

Act Sections

• Section 90
• Section 91
• Section 158
• Section 159

Related Circulars

• None identified

Key Case Law (Circular Supremacy)

• To be populated — cases where this circular was cited/applied

Full Text

Full text to be added — see raw/circulars/ for PDF when available

Source

• Official: incometaxindia.gov.in/circulars