What is Resource Summery Form. What does it mean that" recovery of exploration and development expenses?

I have a client, who invested some shares for Canadian petrol or mineral company in 2011. I found she got some investment tax credit (form 2038ind), about several hundreds when I filed her 2011 tax return. But, when I prepared her this year's return, I found she get a income in line 130. This income amount come from the Form Resource Summery. I am wondering what it is.

Answer

Investment Tax Credits that are claimed and allowed by the CRA in the prior year must get added back to income in the following year.  Where the client has CEE (Canadian Exploration Expense) pools the amount claimed in ITC in the prior year will grind down the CEE pools.  Where however, no CEE pools exist, the amount is added back to income on line 130.  Look at the client's prior year NOA.  The CRA will usually say something like "we have allowed you an investment tax credit of $XXXX.  The Resource Summary form is a summary of the CEE, CDE (Cdn Development Expenses) and COGPE (Cdn Oil & Gas Property Expenses) tax pools.  If you have carried forward the tax return from the prior year, you should see the ITC amount grinding down the CEE pool.
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