PMS Accounting

This query is : Resolved 

28 May 2011 What required things to be consider for PMS
accounting

What is treatment of gain or income realized from PMS holdings

28 May 2011 See this link for taxation of PMS

http://itatonline.org/archives/index.php/ito-vs-radha-birju-patel-itat-mumbai-gains-arising-from-pms-transactions-are-capital-gains-not-business-profits


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