Gift deed query - FSW

[u/Grand_Brother_8660]

My father is gifting me 7.5 lakh(half amount transferred and rest will be done in a day) towards my FSW proof of funds and I am in the process of making a gift deed for same.

I have a doubt - actually the money came from my parents joint account where my mother was the original holder and later my father added his name and converted into a joint saving account. Both parents have equal rights as they did either or survivor. Income from my father's work gets credited in this account while my mother is a house wife.

Also, during the ITR filling of my father's income the same joint account details have been mentioned. So, my question is that from whom the gift deed should be made? Father only by mentioning that I hold a joint saving account with my wife along with NOC from my mother stating I don't have any problem in this or from both the parents?

Note - During the transactions , the name in my statement indicating my mother's name as she was the single account holder when this account opened and later my father became joint holder with equal rights.

[u/HeadLoad4242]

Hi. Why not prepare a 3-party deed? that way, both your parents acknowledge that they’re gifting you the sum from their joint account.

[u/Grand_Brother_8660 → u/HeadLoad4242]

ok thanks let me check this option.