Vishnu Deekonda on Instagram: "🚨 Don’t forget to claim your refund after buying a new car.🚘 When you buy a car above ₹10 lakh Ex showroom, the dealer collects 1% TCS on the purchase amount and deposits it to the government under your PAN. which you can claim back while filing your ITR. [ New Car buyer, Purchase Car, TCS refund, form 26AS, Tax saving tips, Income Tax Refund, finance] #newcar #buycar #taxrefund #taxsavingtips #telugufinance"

GSTGUY on Instagram: "How GST Uses Third-Party Data to Verify Turnover "Section 150 of the CGST Act, 2017 empowers the GST Department to obtain information returns from third parties such as banks, Income-tax authorities, electricity boards, registrars, GSTN and other notified entities. This provision allows the department to cross-verify and reconcile the turnover and transaction details reported by taxpayers in GSTR-1 with independent data sources like Form 26AS and AIS. If discrepancies are f