I have taken a specific loan for constructing the body of Heavy vehicle. Can i capitalize the interest of loan, if the vehicle is constructed and put to use within 12 months?

Kindly rectify my query, it will be grateful. Gratitude in advance.

For FY 23-24 TDS @ 20% is not applicable in case PAN is not linked to Aadhar. Till 31st May 2024 this relief has been given

My question is
If PAN is not linked with aadhar till 31st may whether liability to deduct 20% will arise for FY 23-24 for the same deductee ?

What is the tax implication on transfer of property within blood relation via gift deed or conveyance deed ?

My income comes from tuition is rs 3lac annually. I have invested 15 lakh in shares. I want to invest 40 lakh. How do I show it in income tax?

As per Income Tax Act Section 56(2)(X), Gift Received from Relatives Exempt from Tax. Relative Definition expressively include "Aunty" as Relative.
So, the Gift from "Father's Brother's Wife i.e. My Aunty" to "me" is Exempt but Whether Gift from "Grand-Father's Brother's Son's Wife i.e. My Father's cousin Brother's Wife i.e. My Cousin Aunty" to "me" also Exempt?

Is "Linear Ascendant" include "Cousin Brother and his Wife" as Relative of "me"?

Can Anyone give me exact meaning of "Linear Ascendant"

Will HUF pay any consideration if it acquires a sole properitership business and properiter is co parcener in HUF? Is there any tax benefit of doing it?

As an employer, I want to deduct TDS u/s 192 B from employees from 1 st October. Any issue as consequences??? Will it violet any ruling ?

Respected Experts, I had filed a case before the Central Administrative Tribunal for the payment of loss of interest and cost towards the belated sanction of my pension. The Tribunal has allowed and I had been paid with Rs.3 lakhs towards the loss of interest and cost Rs.10000/- Whether I had to pay the income tax for this amount as it is an award granted by the Tribunal after a case being filed before it? Kindly oblige. Advance thanks to the Experts in anticipation.

I have speculation income from (intraday share trade )of 5 Lac and T/o 568000 and business loss (F&O) of 7500 and T/o of 11658. How I show profits in ITR 3?
Under P&L a/c in 65 & 66 column of ITR 3 it says
1 Presumptive income which has only business income and no speculation colourblind
2. No account case where both business and speculation can be shown.
Have STT of 185000 and GST/CST of 25000 not allowable for deduction under short term gains.

Cases:
1. If whole speculation income shown then tax liability will be high and if apply 6% formulae or show higher say @25% then can reduce. But if income from business and speculation crosses 250000 message shows that balance sheet need to be submitted along with filing.
Advice what income ideally to be shown and how in ITR to avoid future tax disputes and clarify.
Thanks

We are manufacturing unit , now we want to give whole plant on rent to another manufacturing unit and we will receive fixed monthly rent. In this regard my question is that under which head rent income to be shown ?? under the head PGBP and claim depreciation on plant and machinery or under the head CG and write off depreciation to capital account ?