{"id":1750,"date":"2018-07-14T10:14:08","date_gmt":"2018-07-14T10:14:08","guid":{"rendered":"http:\/\/itatonline.org\/digest\/mateen-pyarali-dholkia-v-dcit-mumtribwww-itatonline-org\/"},"modified":"2018-07-14T10:46:29","modified_gmt":"2018-07-14T10:46:29","slug":"mateen-pyarali-dholkia-v-dcit-mumtribwww-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mateen-pyarali-dholkia-v-dcit-mumtribwww-itatonline-org\/","title":{"rendered":"Mateen Pyarali Dholkia v. DCIT (Mum)(Trib),www.itatonline.org"},"content":{"rendered":"<p>Dismissing the appeal of the assessee the Tribunal held that , Portfolio Management Scheme (PMS) fees paid by the assessee to the PMS Manager neither falls under the category of transfer fees nor cost of acquisition\/improvement. Consequently it is not deductible while computing capital gains from sale of the shares.( ITA No. 6950\/Mum\/2016, dt. 30.05.2018)(AY. 2010-11)<\/p>\n<p><a href=\"http:\/\/itatonline.org\/archives\/wp-content\/uploads\/Mateen-Pyarali-Dholkia-PMS-Fees.pdf\"><strong>[Click here to download PDF file]<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 48 : Capital gains \u2013 Computation -Portfolio Management Scheme (PMS) fees paid by the assessee to the PMS Manager neither falls under the category of transfer fees nor cost of acquisition\/improvement. Consequently it is not deductible while computing capital gains from sale of the shares  [ S.45 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1750","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-se","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=1750"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1750\/revisions"}],"predecessor-version":[{"id":1761,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1750\/revisions\/1761"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}