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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

PMS expenses paid to portfolio managers being management ...

Income Tax

May 5, 2016

PMS expenses paid to portfolio managers being management expenses incurred with respect to securities / funds of the assessee being managed by portfolio managers are not allowable as deduction u/s 48 from the full value of consideration on sale of securities received or accruing to the assessee - AT

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