confused about proof of funds help !

[noyoucant]

hi,, I have joint account with. My parent, but is my Money,, how do i proof ??

 

[jpv2212]

hi,, I have joint account with. My parent, but is my Money,, how do i proof ??

You can't show your joint account with anyone else for PoF, except with your spouse.

Even if it is with your spouse, you will have to show a signed authority letter by your spouse,allowing you to use that money whenever you need it.

 

[noyoucant]

You can't show your joint account with anyone else for PoF, except with your spouse.

Even if it is with your spouse, you will have to show a signed authority letter by your spouse,allowing you to use that money whenever you need it.

ok yes but how do I proof is my money,,as is part of the money I include for my ita
Some forum people say I can gift deed,, isthat allowed?

 

[noyoucant]

ok yes but how do I proof is my money,,as is part of the money I include for my ita
Some forum people say I can gift deed,, isthat allowed?

help !

 

[Maverick28]

help !

Move that money to your individual account and get a gift deed from your parents.

#YesYouCan

 

[jpv2212]

ok yes but how do I proof is my money,,as is part of the money I include for my ita
Some forum people say I can gift deed,, isthat allowed?

I guess you are asking about the 'source' of that money. Right?

Well, for this, one option is you make a gift deed from your father.
second option, include with your application the pay stubs/salary slips, income earn & income tax paid per year (Form 16 in case you are from India). It can prove that you have been earning those money.

Don't forget to attach statements of bank account for last 6 months. It also can prove that this money was transferred to your account as a salary.

 

[noyoucant]

Move that money to your individual account and get a gift deed from your parents.

#YesYouCan

, thanks. Bro ! i already get ita,, is it ok if I. Change joint accountto my name after ita(and have parent gift deed),, is it misrepresentation ?? But I have proof money was in my account before until2015 whne it go to joint account

 

[noyoucant]

I guess you are asking about the 'source' of that money. Right?

Well, for this, one option is you make a gift deed from your father.
second option, include with your application the pay stubs/salary slips, income earn & income tax paid per year (Form 16 in case you are from India). It can prove that you have been earning those money.

Don't forget to attach statements of bank account for last 6 months. It also can prove that this money was transferred to your account as a salary.

thabks bro ! source of money is my acc (wit my name)) but 2015i transfer to my dad as joint acc as it safer,, now i get ita so if i get gift deed after ita is it misrepresent ?? But can proof transaction !

 

[noyoucant]

thabks bro ! source of money is my acc (wit my name)) but 2015i transfer to my dad as joint acc as it safer,, now i get ita so if i get gift deed after ita is it misrepresent ?? But can proof transaction !

anyone ?so much appreciate

 

[jpv2212]

anyone ?so much appreciate

=
If you show gift deed from your father, then it would not be a misrepresentation. You can do this.

I've also heard but not sure that if you make gift deed from father/mother then you don't need to show the source of that fund.
However, please make sure if it's true.

Hope it helps.

 

[noyoucant]

=
If you show gift deed from your father, then it would not be a misrepresentation. You can do this.

I've also heard but not sure that if you make gift deed from father/mother then you don't need to show the source of that fund.
However, please make sure if it's true.

Hope it helps.

thanks bro ! ok just in case i willshow
(1) gift deed from parnt
(2) source of fund((my acc)
(3) affidavit ?
(4) six months statement as money in joint is un touched

correct ?

I have just got ita,, so is ok if gift deed from parent aft ita? ? Just to confirm ! !

 

[jpv2212]

thanks bro ! ok just in case i willshow
(1) gift deed from parnt
(2) source of fund((my acc)
(3) affidavit ?
(4) six months statement as money in joint is un touched

correct ?

I have just got ita,, so is ok if gift deed from parent aft ita? ? Just to confirm ! !

I think time of getting gift-deed done doesn't matter. You could do it post-ITA. You should be good to go.
All the best.

 

[noyoucant]

I think time of getting gift-deed done doesn't matter. You could do it post-ITA. You should be good to go.
All the best.

bignhelp bro, +1 for You !

 

[jpv2212]

bignhelp bro, +1 for You !

Thanks. I'm glad I helped.

#YesYouCan!