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
CAclubindia
