The thread shows two views on using a Section 44AD ITR as financial proof for a study permit:
- One view cautions against relying on it alone — an ITR under 44AD doesn't clearly demonstrate liquid, accessible funds available to sponsor your studies, since it reflects presumptive/declared income rather than a bank balance.
- The other view defends it as legitimate supporting evidence — it shows tax paid to the government and is a trustworthy, verifiable record, so it has value in your file.
- Practical approach: use both. Include your ITR as evidence of income history and financial standing, but pair it with clear liquid-asset documents (recent bank statements, a GIC certificate, or fixed deposits) that show funds are genuinely available. Visa officers are primarily assessing whether you can actually pay for your studies, so accessible funds matter most.