STCL-capital loss

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  1. I have a bank which maintains my Demat account and acts as a broker. I entered into an agreement to open a portfolio management service with aChennai based house with a corpus exceeding Rs. 25 lakhs. After a year, I ended the agreement because of large negative returns. The money returned by the PMS, after deducting their management,audit and custody fees was Rs. 22.7 lakhs. The PMS has sent the CG details on my request. However, the charges I have incurred at the time of entry into the PMS is not shown, though the "corpus" was shown as a definitive amount in earlier monthly reports sent to me. How can I account for the difference between the corpus and the(sales proceeds minus management and other charges) to the tax authorities?
     
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