Accounting effect

CA Tanay Jindal (CA in practice ) (163 Points)

21 February 2014  
how to do entry in the books of individual if he receives amount in his bank a/c on the closure of ppf. but this ppf a/c was opened by his Father and all the money is deposited by his father and on the closure of ppf a/c amount is transferred directly in the sons bank account please suggest the accounting effect in the book of son