Reporting indian income in canadian return

222 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........

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details