taxability of KVP in case of Joint holders
Chaitanya Deo (11 Points)
22 October 2017one of client has received a maturity of 20 lacs from KVP out of which 10 lac is interest and the KVP was jointly holded by 4(2 KVP certificates) family members, now my question is can we distribute the interest income among those 4 person and accordingly compute tax liability??