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Financial query - Jan Intake - urgent please help!

John601

Star Member
Sep 30, 2020
102
23
Hello guys,

My program fee is 100,000 CAD ( Living + Fees - 2 years). To support me, my uncle and my aunt are ready to attach their ITR copies which amount to 120,000 CAD per year collectively for the last two years. I will also attach an affidavit for support. My own ITR amounts to 20000 CAD for last year, Should I attach that as well? Or just the ones of my uncle and aunt.

Right now, I am a full-time employee earning appx 60,000 CAD per year in India,so l will attach a salary certificate as well. I got this job last year so my current ITR would be for appx 60000CAD. I am confused about what all documents I should attach to make my application strong. I am applying via SDS and my uncle has already paid 75K as tuition. I would be bearing the remaining expenses on my own.
 

jweekend

Champion Member
Dec 13, 2019
1,280
224
Hello guys,

My program fee is 100,000 CAD ( Living + Fees - 2 years). To support me, my uncle and my aunt are ready to attach their ITR copies which amount to 120,000 CAD per year collectively for the last two years. I will also attach an affidavit for support. My own ITR amounts to 20000 CAD for last year, Should I attach that as well? Or just the ones of my uncle and aunt.

Right now, I am a full-time employee earning appx 60,000 CAD per year in India,so l will attach a salary certificate as well. I got this job last year so my current ITR would be for appx 60000CAD. I am confused about what all documents I should attach to make my application strong. I am applying via SDS and my uncle has already paid 75K as tuition. I would be bearing the remaining expenses on my own.
How do you use tax returns to pay for food and rent in Canada? ITR isn't documents that can prove your level of financial support.
 

John601

Star Member
Sep 30, 2020
102
23
How do you use tax returns to pay for food and rent in Canada? ITR isn't documents that can prove your level of financial support.
I know, that's pretty obvious. Apart from decent bank balance - appx 60k CAD, what else can I show to prove my financial status? I do have 100L cad of liquid funds.
 

rijol verma

Hero Member
Jul 10, 2020
395
104
How do you use tax returns to pay for food and rent in Canada? ITR isn't documents that can prove your level of financial support.
ITR is much better than bank balance. If you have a lot of money you do not keep it lying around in your bank account. Ask any financial expert, you think millionaires keep millions of dollars in liquid form? bank balance is the least reliable measure.
 

janesama

Hero Member
Aug 14, 2020
488
189
Category........
WP
Job Offer........
Yes
App. Filed.......
22-04-2022
Med's Done....
13-08-2020
LANDED..........
16-11-2020
ITR is much better than bank balance. If you have a lot of money you do not keep it lying around in your bank account. Ask any financial expert, you think millionaires keep millions of dollars in liquid form? bank balance is the least reliable measure.
Same applies to the bank statement from the last 3 months to show that money is available and it is moving
 

jweekend

Champion Member
Dec 13, 2019
1,280
224
ITR is much better than bank balance. If you have a lot of money you do not keep it lying around in your bank account. Ask any financial expert, you think millionaires keep millions of dollars in liquid form? bank balance is the least reliable measure.
How would the visa officer know you can take it out? Only if the money is liquid in a savings account and accessible by the applicant will be considered.
 

Ryerson2020

Star Member
May 6, 2020
134
64
Can someone please answer the question?
ITR is just a kind of supporting document and it helps to show your ties with your home country which means that you are earning good and have a stable life in your home country .Better to show good bank balance in your account to convince VO.

Funds (Try to show latest twice your education fee) : I applied through Non - SDS
: Financial Support Letter (if your spouse works)
: Spouse employment letter
: Show bank statement for last 4 month with bank stamp on it.(self and spouse)
: Get a letter from bank which states about you fund in CAD and your last 4 month Avg balance in CAD. (self and spouse)
: Pay slips (self and spouse)
: Income tax return (self and spouse).


go through the below link for more details

https://www.canadavisa.com/canada-immigration-discussion-board/threads/student-visa-after-8-years-gap.503457/page-16#post-8803911
 

jagmeetsinghji1

Hero Member
Feb 4, 2020
250
57
Ur Bank balance certificate stamped and signed by bank manager is really good document...u can prepare c.a report which will include all things ur bank balance ur family account balance details ur moveable and unmovable assets .. everything will be covered in one document...c.a reports r prepared by chartered accountants..