Hello Everyone,
I'm currently in the process of submitting my documents after receiving the ITA. I'm struggling to understand the exact procedure to be followed for Proof of funds, with regard to a Gift Deed in India specifically. As a Gift Deed and a Notarised Affidavit are two separate documents altogether, kindly advise on the following points from experience, if possible:
a) Are BOTH documents required?
b) Do both documents need to be Notarised? Is it possible for me to only get the Affidavit notarized and the Gift deed (in the required format) in plain paper with two witnesses to sign?
c) Is anyone aware of any underlying charge on the value of the Gift Deed in India? I specifically enquire regarding this as a lawyer advised us an 8% charge would be levied by the Government, however I was unable to find any mention of such charge online.
Please do let me know of your experiences.
I'm currently in the process of submitting my documents after receiving the ITA. I'm struggling to understand the exact procedure to be followed for Proof of funds, with regard to a Gift Deed in India specifically. As a Gift Deed and a Notarised Affidavit are two separate documents altogether, kindly advise on the following points from experience, if possible:
a) Are BOTH documents required?
b) Do both documents need to be Notarised? Is it possible for me to only get the Affidavit notarized and the Gift deed (in the required format) in plain paper with two witnesses to sign?
c) Is anyone aware of any underlying charge on the value of the Gift Deed in India? I specifically enquire regarding this as a lawyer advised us an 8% charge would be levied by the Government, however I was unable to find any mention of such charge online.
Please do let me know of your experiences.