I am an Australian resident for tax purposes and have also earned foreign rental income from a property located in India. I have lodged a tax return in India and paid tax on the rental income in accordance with Indian tax laws.
My question is: there were certain expenses related to the property that were not deductible under Indian income tax law, and therefore were not included in the Indian tax return. Can I still claim these expenses in my Australian tax return when reporting this foreign rental income, based on Australian tax rules? Or am I required to report only the income and expenses as declared in the Indian tax return?
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