Can Professional fees paid in respect of CG allowable?

Bhavin (Article) (32 Points)

07 December 2010  

Can Professional fees paid in respect of CG allowable?

 

I have an query that whether PMS charges pd to Portfolio Service Provider for serving me the Portfolio Services be allowed as a deduction from Short Term Capital Gain for the A Y 2008-09........???? Is there any case law is there regarding the same.......??

Pls send me the same..........