As a follow up, should the funds be transferred once into my account, that is, from one person (either my mum or dad),instead of two separate transactions from both parents?Hi,
2 suggestions:
1. It would be safer to get two separate gift deeds. Gift deed is an affidavit in the name of donor, not donee. You have 2 donors so 2 separate gift deeds
2. It would be safer to show amount in an FD account If funds are not older than 6 months and transferred from others account
Also note cheque no, txn no, exact dates of transfer they are needed in gift deed.
What are your thoughts on this?