Taxation on dollar income from canada

398 views 1 replies

Hello Friends

I live in India and work for a couple of websites in Canada and US....I am a 3d Artist and get paid through Paypal ... The payment is converted into INR and credited to my ICICI bank a/c ....as (Royalty Payments).....

Am i eligible to pay taxes here in India, for last two years i have not filed any ITR..... My main source of income is from a website in Canada ... the good news is Since the company is in Canada .... they don't cut any taxes like in US....

But the websites from US i have to submit W8BEN form and some tax exemptions are given by them....,

But my main concern is how much tax i have to pay here since all my income is from abroad staying here in India....

Pls guide ....

Thanks

 

Replies (1)

In previous year, as you are a resident of India, tax will be leviable on your all global income.
You are not eligible to get deduction under Sec. 80QQA or 80QQB or 80RRB for Royalty income.
Therefore your income will be taxed as per normal slab rate.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details