Yes you are right. The technical term for this whole process is ‘Bonus Stripping’. Below is an old article from Business Standard. The article also cautions about a possible change in tax law effective from 1st April 2015 
Yes you are right. The technical term for this whole process is ‘Bonus Stripping’. Below is an old article from Business Standard. The article also cautions about a possible change in tax law effective from 1st April 2015