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
R P S K & Associates
Nashik
CA Inter
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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Aggarwal Sarawagi and Co
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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CAclubindia
