Hello experts,
I recently sold my property in India and got the proceeds from my India NRO account to my Canadian bank account. I paid TDS in India against this sale. The property was under $100k.
My question is will I be taxed on the proceeds that I got here in Canada by CRA ?
I heard and researched a bit that there's something called Tax Treaty between Canada and India to avoid double taxation.
Any valid and evident reply will be highly appreciated.
I recently sold my property in India and got the proceeds from my India NRO account to my Canadian bank account. I paid TDS in India against this sale. The property was under $100k.
My question is will I be taxed on the proceeds that I got here in Canada by CRA ?
I heard and researched a bit that there's something called Tax Treaty between Canada and India to avoid double taxation.
Any valid and evident reply will be highly appreciated.