POSTED BY November 29, 2011 1:37 pm COMMENTS (23)ON
I want to invest my father s money in my name.
1.By doing like this My invesment is more than my annual income. will this become any problem?
2. I heard that the tax implications on the money which i get from my father is mine .Am i right?
3. Simply can i transfer the money form his account to my account or should i need to get his signature in a paper stating that he is gifting the money to me?
Pls guide me.