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IMPORTANT: Slide 2👇 What Refund Is This This refund is called TCS Refund. When you buy a car worth ₹10 lakh or more, the dealer collects TCS (Tax Collected at Source) from you and deposits it with the Government. - 🚗 90% of car buyers don’t know this refund exists If you purchased a car worth ₹10 lakh or more, you probably paid TCS (Tax Collected at Source) on your invoice. But here’s the important part 👇 That money is not gone. It gets linked to your PAN and can be claimed while filing your Income Tax Return. Still, most people never get this refund because: • They don’t know TCS is refundable • They never check Form 26AS • Dealers usually don’t explain it • Many people skip filing ITR Example: A ₹15 lakh car can include ₹15,000 as TCS. That amount may come back as refund if eligible. Always check: ✔️ Form 26AS ✔️ TCS entry on invoice ✔️ PAN-linked bank account ✔️ ITR filing status Your refundable money could still be waiting with the Government.

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This post was published on 12th May, 2026 by Suraj on his Instagram handle "@myfintaxofficial (MYFINTAX | Finance & Tax Educator | CA Suraj Soni)". Suraj has total 241.1K followers on Instagram and has a total of 3.1K post.This post has received 53.2K Likes which are greater than the average likes that Suraj gets. Suraj receives an average engagement rate of 0.94% per post on Instagram. This post has received 379 comments which are greater than the average comments that Suraj gets. Overall the engagement rate for this post was lower than the average for the profile.

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