You can get back your 1% TCS deducted while buying a car above 10L. Collect the form 27D and add it while filing your ITR. . . . . #kannada #karnataka #viralreels #kannadabusinesstips #trending #money #businessideas #kannadareels #business #businesstips #car #carcare #carsdaily #offer | Meghana S Gowda
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You can get back your 1% TCS deducted while buying a car abov…
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Indians Are Rich and Careless 😮 Most car buyers in India don’t even realize this… the government owes them a REFUND after buying a car 😳💰 Here’s the truth 👇 If you buy a car priced above ₹10 lakh, the dealer charges 1% TCS (Tax Collected at Source). 📌 Example: • ₹10 lakh car → ₹10,000 TCS • ₹25 lakh car → ₹25,000 TCS This TCS is linked to your PAN card, and yes — you can legally claim it back. How to get your money back: ✅ Ask your dealer for Form 27D right after buying the car ✅ While fili
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Indians Are Rich and Careless 😮 Most car buyers in India don’t even reali…
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Comment “CAR,” and we’ll share the link with you in your DMs! There’s some fake news going around that if you buy a car worth more than ₹10 lakh, you must collect Form 27D from the dealer to get a tax refund. But that’s not entirely true. ❌ For example, if you buy a car worth ₹20 lakh, the dealer collects 1% TCS (₹20,000). Once the dealer deposits the TCS and files the quarterly return, it gets reflected in your Form 26AS, which you can easily download from the IT portal. 💻 This TCS can be adju
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After buying a car, People forget to take their own money back from the government. 🤦‍♂️🚗 Now you might wonder—why would the government give money after buying a car? Yes, they do. Just listen carefully. 👇 Whenever you buy a car worth more than ₹10 lakh, the dealer charges 1% TCS (Tax Collected at Source). For example: 👉 A ₹15 lakh car = ₹15,000 TCS 👉 A ₹30 lakh car = ₹30,000 TCS This amount is linked to your PAN card 💳 and you can easily claim it back. Here’s how 👇 After purchasing the c
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