Sir,
I purchased a car for Rs10 lakhs
and the dealer,. since the car's value was above 10 lakhs,as per rules,the dealer cut 1% TCS ie Rs10,000 on the 10th of the subsequent month of car purchase
when I told the dealer to provide me a copy of the ledger that you have deposited Rs.10,000 to govt treasury so that I can claim back this amount in my ITR. but the dealer did not provide me this certificate so far.
point to note the dealer showed the car value in the insurance document less than lakhs to avoid deduction of TCS,buy he did so in the car purchase invoice
kindly guide me as per laws hiw to claim back the TCS amount from dealer because I am sure the dealer didn't deposit this amount to govt treasury
point to note the dealer has showed the IDV of my less than 10 lalhs in the car insurance document, why,
please assist me how to claim back the TCS amount from dealer
Best regards
shaikh
The dealer is bound to provide confirmation of deduction and a copy of the challan showing the date of deposit. Simply issue a demand notice seeking a copy of such deduction and deposit with IT within 15 days. If the dealer fails, simply file a grievance in the online pgrms portal in Finance Ministry- IT dept.,
