Hi Experts,
I have received ITA on 3rd April.
I have got funds credited to my Joint account(I'm the Primary A/C holder, but includes my parents) through cash deposit from my father a month back. Now, as CIC wouldn't accept Joint Accounts, I'm planning to transfer it to my another account(Individual account).
Now my questions/confusions are to know which is the best option to do it:
1. As there is no proof that my Father has given me the money, should I withdraw from my Joint Account, put into my father's account and take it back to my Individual account using a Cheque?
2. Is it OK if I could get my Joint account changed to Individual Account and keep the funds there itself?
3. Is it OK if I just transfer the funds from my Joint account to Individual Account via Net banking as my Father is already present in it?
Kindly Help ASAP, Thank you!!