How is portfolio managed by mutual funds Taxed??
PMS
PMS transactions are executed directly from the client's Demat account. Therefore, the returns generated through PMS are treated as capital gains earned by the client.
Yogesh Patel (32 Points)
02 November 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176710 Points)
Replied 02 November 2024
PMS transactions are executed directly from the client's Demat account. Therefore, the returns generated through PMS are treated as capital gains earned by the client.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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