Manmohan ACA, CS's Expert Profile

Queries Replied : 2255

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Ravi Nandola says : TDS CHALLAN CORRECTION
Hi, I have one Query Regarding Correction in Amount in Challan which has already Filled in Orignal Return with Wrong Amount. Because of this Challan is Matched in NSDL and Unmatched in OLTAS. Because of Wrong Amount Booked in NSDL their is Demand From TRACES. Can You Short out my This Query ???? Thanks in Advance.........

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smita patil says : regarding guidance
Sir, i am a graduate of BMS and completed Post graduation diploma in Banking. Curently working with one of the leading bank of our country since last 9 months. want to go for further studies. But i have bit confusion whether to do MBA in finance or go for CA inter? Kindly give me guidance asap so that i can perceive the course as early as possible. Thanks and regards, Smita Patil Mumbai smii.rocks@gmail.com

Ronnie fernandese says :
We have exactly 100 years old registered family charitable Trust, formed by our great-great-grandfather for performing "Puja" every year. As present generation boys are abroad or are not interested, we wish to dissolve the Trust, distribute the funds amongst heirs. However, after reading your article, I feel like continuing it. Can I hold it under my single name as 2 other remaining trustess have expired. Can I ADD some objectives so that it becomes beneficial to me? Latly, what happens when I die as my children are not interested in continuing. Thanks & regards. machineindia@gmail.com

MANAV says : conversion of 2 proprietorship in to 1 pvt co.
Can exemption be availed u/s. 47 in respect of Capital Gain if two proprietorship firms are converted in to pvt. ltd. co. and each proprietor will be given 50% voting power (50%+50%=100%) and other conditions are satisfied? And what about stamp duty on immovable properties transferred to pvt. ltd. co. in the above way? Can stamp duty be fully escaped in whole scheme?