Form 44 (formerly Form 67) Foreign Tax Credit Ceiling Calculator

Compare user-entered foreign tax with Indian tax attributable to the same represented income source.

Editable planning scenario

Set your own facts

Every value below is editable. The result remains an information-only illustration until the applicable law, documents and institution process are verified.

Illustrative lower-of-two credit ceiling

1,80,000

The lower of entered foreign tax and entered Indian attributable tax. This is not a filing determination or a substitute for the applicable Rules, treaty and return facts.

Direct answer

What this screen can and cannot answer

Foreign-tax credit is generally constrained by both foreign tax paid and Indian tax attributable to the same income. This tool shows the lower entered amount; filing eligibility, treaty scope, payment evidence and Form 44 (formerly Form 67) timing must still be verified.

  1. 1Map foreign income to the relevant Indian year
  2. 2Calculate Indian tax attributable to that source
  3. 3Keep foreign tax-payment and assessment evidence
  4. 4Confirm Form 44 (formerly Form 67) timing and current return instructions

Continue the journey

Official sources cited in this tool

Verify the rule at its source

Open the authority’s current page before acting. These links are evidence, not an endorsement of TaxCalci.

Want to keep this calculation?

Save the tool on this device, print the visible result to paper or PDF, or share the page. Shared links do not include your entered numbers.

Keep a useful TaxCalci page one tap away

Share this page with someone who may need it, bookmark it for filing time, or install TaxCalci from your browser's address bar or menu.

Your calculator inputs stay on this device. TaxCalci does not receive or watch the values you enter.