Hey Guys
Tried searching the forum for information on following matters related to gift deed but couldnt find answers.
1. Had there been a case where one gets ITA, and then gets the majority of amount (i.e. 90%) in form of gift deed from parent. How good is this case? Does this create any problem regarding the amount being 90% of POF funds? Or it being done at the nick of time? Really concerned about this.
Please help develop answer to this.
Also, had there been rejections in past due to POF gift deed method? Is anybody aware of such cases?
Tried searching the forum for information on following matters related to gift deed but couldnt find answers.
1. Had there been a case where one gets ITA, and then gets the majority of amount (i.e. 90%) in form of gift deed from parent. How good is this case? Does this create any problem regarding the amount being 90% of POF funds? Or it being done at the nick of time? Really concerned about this.
Please help develop answer to this.
Also, had there been rejections in past due to POF gift deed method? Is anybody aware of such cases?