My father is sponsoring me for my entire MS in USA and he owns a business. He have 72,000 USD which is my i20 amount in his savings account that I can use for my first year of MS. and he also owns a business and 5 crore(in indian currency) worth of share in an another leather company and own few real estate worth of 50 lakhs(indian currency). The question is,
-
Would it be enough to establish mine and my father’s financial ability to fund my education in US? also,
-
What kind of documents I can submit to prove my father financial standing?. I already have sponsorship letter and affidavit of support from father.
can I have submit his ITR for last 3 years and documents stating his share in the company?