POSTING AGAIN SORRY BUT NO ONE ANSWERED IT:
I have a fixed deposit in my name and am loosing some 1500 bucks quaterly because of TDS deduction. I am planning to switch this to my wife's name so at to save this TDS deduction.
If by god's grace I get a PER mail, then VO will ask for 6 month bank statement, my account will not have much balance but this FDR will be there throughout the process.
I just need a confirmation on whether we can show FDR as proof of funds to VO that too in spouse's name?
-KB
I have a fixed deposit in my name and am loosing some 1500 bucks quaterly because of TDS deduction. I am planning to switch this to my wife's name so at to save this TDS deduction.
If by god's grace I get a PER mail, then VO will ask for 6 month bank statement, my account will not have much balance but this FDR will be there throughout the process.
I just need a confirmation on whether we can show FDR as proof of funds to VO that too in spouse's name?
-KB