You must have tried converting Party Ledger PDFs exported from Tally (sent to you by clients) into Excel to work on them. There are various websites which convert PDFs into excel but they make a mess and are not accurate. This utility is specially made for this purpose, it is accurate and does the job in under 5 seconds.\nThe post Free Party Ledger PDF to Excel Convertor appeared first on TaxGuru.

NCLAT Delhi held that where Notice under Section 13(2) of SARFAESI Act, 2002 makes a demand as per the Guarantee Agreement between the parties, the Notice has to be treated as notice for invocation of Personal Guarantee.\nThe post Notice u/s. 13(2) of SARFAESI to be treated as notice for invocation of personal guarantee appeared first on TaxGuru.

ITAT Raipur held that assessment framed under section 144 of the Income Tax Act by Additional CIT in absence of order under section 127 and order under section 120(4)(b) is invalid as without having valid assumption of jurisdiction.\nThe post Assessment u/s. 144 by Additional CIT without order u/s. 120(4)(b) is invalid appeared first on TaxGuru.

ITAT Hyderabad directs AO to reassess Satyam Computer Services [Now, Tech Mahindra Limited] for the Assessment Year 2003-2004 to 2008-2009 in light of the judgement of Hon’ble High Court for the State of Telangana at Hyderabad.\nThe post AO directed to reassess Satyam Computer Services assessment for 2003-2009 as per High Court judgement appeared first on TaxGuru.

Compare tax benefits for manufacturing businesses: proprietorship vs. company structures for Tax Year 2025-26. Analyze scenarios based on turnover and net profit to determine the optimal choice for tax savings and compliance.\nThe post Proprietorship vs Company: Best for Manufacturing? Income Tax Perspective? appeared first on TaxGuru.

Understand the compounding of offences under Section 441 of the Companies Act, 2013 (and erstwhile Section 621A of 1956 Act). Learn about compoundable and non-compoundable offences, the authorities involved (NCLT, RD), and the practical steps for filing a compounding application.\nThe post Practical Process for Compounding of offences under Companies Act, 2013 appeared first on TaxGuru.

ITAT Mumbai held that interest on advance given to entity how became Non Performing Asset (NPA) cannot be brought to tax since the income is really not accrued to the assessee. Accordingly, addition is rightly deleted by CIT(A).\nThe post Interest on advance given to NPA entity cannot be brought to tax as income really not accrued appeared first on TaxGuru.

Calcutta High Court held that reopening of assessment u/s. 147 for claim of bogus capital gain sustained fundamentals of company are very weak and abnormal price rise in share is artificially manipulated.\nThe post Addition towards bogus capital gain sustained as price rise in share artificially manipulated appeared first on TaxGuru.

Learn how to file LUT under GST for export of services, comply with Rule 96A conditions, and avoid tax liabilities. Essential guide for exporters on zero-rated supply.\nThe post Guide to LUT Filing for Zero-Rated Export Supply Compliance appeared first on TaxGuru.

The present petition is filed assailing the Communication dated 03 February 2014 issued by the Respondent No. 3 rejecting the Petitioner’s Application dated 15 December 2011 for seeking amendments of the earlier granted approval dated 17.11.2006.\nThe post Commerce Ministry empowered to retrospectively withdraw benefit under Industrial Park Scheme appeared first on TaxGuru.