{"id":2107,"date":"2018-08-25T08:06:30","date_gmt":"2018-08-25T08:06:30","guid":{"rendered":"http:\/\/itatonline.org\/digest\/mateen-pyarali-dholkia-v-dcit-2018-171-itd-294-mum-trib\/"},"modified":"2018-08-25T08:06:30","modified_gmt":"2018-08-25T08:06:30","slug":"mateen-pyarali-dholkia-v-dcit-2018-171-itd-294-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mateen-pyarali-dholkia-v-dcit-2018-171-itd-294-mum-trib\/","title":{"rendered":"Mateen Pyarali Dholkia  v. DCIT (2018) 171 ITD 294  (Mum)  (Trib.)"},"content":{"rendered":"<p>Tribunal held that, PMS fees paid by assessee neither fell under category of transfer fees, nor cost of acquisition\/improvement, therefore, same is not allowed for deduction while computing\u00a0capital gain on sale of shares kept under Portfolio Management Scheme . (AY. 2010 \u2013 2011)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.48 : Capital gains &#8211;  Computation-  Portfolio Management Scheme (PMS) \u2013 Deduction of PMS fee is not allowable  as it is not a transfer fee, nor cost of acquisition\/improvement.[ 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-2107","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-xZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2107","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=2107"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2107\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}