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FD after receiving ITA as Proof of funds

kunalkardam

Full Member
Jan 29, 2020
30
8
Category........
FSW
Hello All,

I am in a bit of conundrum for showing my POF. The current scenario is as mentioned below:
  1. Received my ITA on 1st OCT 2020
  2. Got money transferred from Mom's account to my account to show as POF, will get a gift deed notarised for the same
  3. Made a FD for the whole amount received as gift deed.
  4. Got the balance certificate from the bank with FD + current account balance in CAD equivalent
  5. Have got the FD statement stamped from the bank
  6. Have got the account statements for the last 6 months stamped from the bank as well
Requesting for your inputs on the following:
  1. Is it OK to show, POF as FD in the account as mentioned in the balance certificate which has been done recently?
  2. 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?
Requesting for inputs. Thanks in advance.