Dear All,
Mr. X is having MIS and Kisan vikas patra in his name. To divert Interest income, he Gifted these MIS & KVP to his wife by book entry without getting the actual endorsement through the Post Office. Can he diverts his income like this.
CA. A. K. Aggarwal
Karia Overseas
Ahmedabad
CA
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R P S K & Associates
Nashik
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
