I have a joint account with my parents from which we transferred money to an account which is only in my name.
I will declare statements for both accounts. While the transfer is less than a week old, and the account that gifted me the sum is in the name of me and both my parents, do I still need to have them sign a gift deed?
Or is a self-declaration with the details of the transaction enough?
I will declare statements for both accounts. While the transfer is less than a week old, and the account that gifted me the sum is in the name of me and both my parents, do I still need to have them sign a gift deed?
Or is a self-declaration with the details of the transaction enough?