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Reporting indian income in canadian return

Others 204 views 1 replies

Since my daughter has become an NRI this year, her Indian income will be treated as global income and added to her Canadian income.

My simple query  is: If her professional income was Rs. 200,000. Will this amount be added to her Canadian income or Rs. 100000 (50 % expenses allowed under sec. 44ADA).


Similarly, if her rental income is Rs. 100000; will this amount be included in her Canadian income or Rs. 70,000 (less 30% deduction?)
I shall be obliged for your reply to this simple query.Thanks 
DC Bhargava

dcbhargava41 @ yahoo.com

 

Replies (1)

No, these deductions are as per IT act applicable in India. For Canadian tax return follow rules and regulations applicable in that country........


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