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PMS SERVICE
Can anyone tell me...whether Portfolio services taken by me and service charges paid for the same are eligible to capitalize to cost of shares acquisition
Replies (4)
These are accounted as revenue expenses, deductible against profit earned. (or c/f. as loss)
why not indexation benefits, as my expense amount is blocked for so many years ie from the date of service taken to the date of sale of such security.
i appreciate ur answer sir, but why not capitalized..suppose i take PMS service to buy a stock on year 1 and sold on year 8..then why so indexation do not come to in picture..as my amount of expense is blocked for 8 years..?
why not indexation benefits, as my expense amount is blocked for so many years ie from the date of service taken to the date of sale of such security.
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