206 CL TDS on purchase of a Vehicle

TDS 2198 views 2 replies

Aiyappa Poovappa

5 Points Joined April 2023

Hi Team,

There was a TDS deduction on the purchase of vehicle. As an individual who pays income tax, can I claim this as refund during the efiling of my returns?

Please advise.

Thanks,

Manju

Replies (2)

Tauseef Farooque

Tax consultant

41 Points Joined June 2018

Yes,

Assesse could be claim filing of Income Tax return.the 26AS would reflect the TCS /Tds collected from the assessee and thus it will be ajusted from his total tax liability and he'll just need to pay the balance amount.