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is parents income proof is necessary even in spp process ? please clarify guys !
because i am only person earning in my family, father private business sold out and mom house maker.. dont how to give parents income proof if necessary
Usually we show less income in order to pay less Tax, so if you too have done that then showing these tax papers won't be beneficial. Yes, showing proof of income would highly strengthen your case.
what do your parents do? If they are working then you can show their ITR, Form No.16 or atleast their Salary statement.
If you don't wanna show them these papers, you could choose to show your Surrender Value of Insurance Policies, F.D, Saving Accounts etc and etc, means any kind of money source/Liquid fund. It is recommended to show some sort of income source for strong case.
with all these, you could also show Valuation Report of your any property.
you can ignore tax papers, you could choose just to show salary certificate or statement
showing only property papers is exceptional, but it is highly recommended to show liquid funds.
for eg: If your course fees and living expenses costs 26,000$ per year, you can show 11 lac as education loan and at least 4-5 lac from your savings and other sources.
I would recommend your to show your saving accounts
if you are applying under SPP then you must have education loan otherwise it is ok, but you must state that what's your parent's occupation. There is no need to show tax papers in general category.
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