Hi
Can member of a family invest/trades using any 1 family members demat account? Whoever wants to invest transfers the amount to this member's account. What are the IT implication. Does IT accept the cheques transfers as a proof of investment or we have to sign a MOU.
Regards
What is problem to have separate DMAT account. It will be difficult for you to prove source of amount. you will have to maintain a lot of record for that purpose.
Thanks,
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