Hi All,
Last financial year, i have purchased a New Car, and the Vehicle Manufacturer/ Showroom guy have deducted 1% TCS while purchasing the car. I have been provided a TCS cerficate, and was informed that i can claim a Refund in the AY 2018-19. I have also checked my Form 26AS which also reflects that the TCS has been collected by the Vehicle Showroom.
Accordingly I have submitted by Tax Returns, claiming for a Refund of 10K.
Couple of days back I have received the intimation U/S 143(1) from CPC/ IT department. I noticed that the 143(1) has not considered my TCS and against my claim, it showed 0 value. Due to which, the intimation 143(1) says that there is no refund required. One of my friend suggested that I have to raise a Rectification request. But unfortunately, the rectification is not allowing me to raise a request for the current AY 18-19. I am not sure what or how to proceed.
Request your kind help in assisting me to claim my refund. Please advise.
Thank you in Advance.
Regards
Naveen Balakrishnan