There are any limit regarding Fixed assets considered as expense or Capitalized as per current law?

One of my client is going to pay some amount to foreign company for fees and technical services.The foreign resident did not provide his tax residency certificate.So DTAA not applicable.The Foreign Company not having Pan Number.At what percentage my client have to deduct tds before payment.

Kindly provide me the solution on following issue.

Mr. X is a sole proprietor whose books of accounts were liable for tax audit in FY 15-16 however in FY 16-17 his books were not liable for tax audit.

Whether he is liable to deduct tax in FY 17-18 ? He is liable for tax audit in FY 17-18 as turnover exceeds the tax audit limit in FY 17-18.

He has deducted TDS in FY 16-17 since his books of account were liable to tax audit in FY15-16 (immedediately preceding FY).

Sir, If we currently filled monthly return in GST, there are any way to change monthly to quarterly return ?

Hello Friends,
Our company has taken foreign currency loans against which they have taken swap agreements (cross currency swaps/plain vanilla swaps) from banks. Now on those swap agreements we have to pay hedging cost (swap cost) as per contract on half yearly basis to banks.
Question is that can we take deduction of this cost as revenue expenditure under income tax. If yes then kindly help me with the relevant section or relevant portion of income tax act.
Thanks in advance
Regards
Prateek

Co. Incorporated in year 2015 with only correspondence address.
Now today when tried to prescrutiny Form AOC-4 an error came, kindly first register the registered address of company.

When filed Form INC 22 with back dated by more then 300 days, form status coming... Pending for approval.

Concern is, will this form ask for filing CG-1 or not. Is this form subject to compounding.

Last time when filed INC 22 in Nov 2017, it got approved instantly.

WHAT IS CLASS 1 SIG
DSC WHERE IT IS USED

my query is explain by an example let us start company 'A' and company 'B' .
company 'B' is service provider and Company 'A' is service receiver .
'B' raised a bill some expense and also demand additional amount of royalty , which was already paid to govt .
reimbursement of royalty is part of agreement so 'A' is liable to pay whole amount ( including Reimbursement of royalty ) to 'B'
my question is whether company 'A' is liable to pay GST on which amount .

Can i receive cash 150000rs. in a single day against sale??

I have just joined a New Company, When i was checked the Last 3 year Balance Sheet (2014-15, 2015-16 & 2016-17) depreciation wrongly charged in Balance Sheet, Can i rectify the Same in Current FY BS for Year 2017-18, and how is entry to be pass in current BS.


Thanks