What is Form 67 and Why It Matters for Your Foreign Income
Understanding Form 67: Claim Your Foreign Tax Credit with Confidence
Today, many of us work across countries, earn in different currencies, and build lives that stretch beyond borders. It’s exciting—but it can also get complicated, especially when it comes to taxes.
If you’re living in India and earning from outside the country, the last thing you want is to be taxed twice for the same income. That’s where Form 67 quietly steps in. It’s a way to make sure your hard work is treated fairly, no matter where in the world it comes from.
What is Form 67?
Form 67 is a declaration form you need to file to claim credit for taxes paid outside India. This is permitted under the Double Taxation Avoidance Agreement (DTAA) or Sections 90, 90A, or 91 of the Income Tax Act, 1961.
Think of it as a bridge—connecting your global earnings to India’s tax system, ensuring you’re treated justly.
Who Should File Form 67?
You should file it if:
- You are a resident in India,
- You have foreign income (like salary, dividends, interest income or capital gains), and
- You’ve already paid tax abroad on that income.
When Should You File It?
Form 67 must be submitted on or before your ITR due date (September 15th). If you miss this window, you may lose the chance to claim your **Foreign Tax Credit (FTC)**—and no one wants to pay the same tax twice.
What You Need to File Form 67:
- Country and foreign income details
- Proof of taxes paid abroad like tax withholding statement
- Tax Residency Certificate (TRC), if available
How TAX360 Makes It Simple
Filing Form 67 manually can feel overwhelming. It’s easy to get lost in rules, deadlines, and documents. TAX360 simplifies it.
- A user-friendly interface
- Step-by-step guidance that speaks your language
- Auto-captures foreign income from linked accounts
- Easy document upload support
- Seamless integration with your ITR filing
You’ve worked hard for your income—don’t let double tax take it away.
With TAX360, filing Form 67 is simple, clear, and stress-free.
Get started now: https://tax360.asncuniverse.com/
Need help? We’re here for you. Just reach out—no question is too small.