Hello
I inherited property in India in 2020 and sold it in 2023. I received reduced amount of money after TDS (Taxes deducted at Source) was deducted from the sale price. I have filed income tax returns in India and part of the TDS was refunded, but not all of it. This all happened in 2023. Can I take Foreign Tax Credit for the remainder of the TDS amount on my 2023 tax return? Due to Exchange rate, estimated price of the property in 2020 is more than the 2023 sale price. So there is no profit.
