Hello All,
I am in a bit of conundrum for showing my POF. The current scenario is as mentioned below:
I am in a bit of conundrum for showing my POF. The current scenario is as mentioned below:
- Received my ITA on 1st OCT 2020
- Got money transferred from Mom's account to my account to show as POF, will get a gift deed notarised for the same
- Made a FD for the whole amount received as gift deed.
- Got the balance certificate from the bank with FD + current account balance in CAD equivalent
- Have got the FD statement stamped from the bank
- Have got the account statements for the last 6 months stamped from the bank as well
- Is it OK to show, POF as FD in the account as mentioned in the balance certificate which has been done recently?
- Are there going to be any issues if the FD for which the source is the gift amount, has been started after receiving the ITA?