Guys you must be wonder to see that what a hell is this tax doing here in Honda civic threat.
Some thing really interesting happened to me couple of months before I received an income tax notice it was about the car which I purchased in the mid of 2009, from Honda canal bank and drive that car almost two and half year and then sold out in early 2012. So I appeal against that . . . .
I am not the only one in past few years I heard number of stories like this, people buy a new car & after a year they received an income tax notice.
Honestly speaking this really ruins the pleasure of buying the new car, and I think this information go from showroom to income tax department.
Is someone of you faced this kind of situation? if yes, then how did you handle(paid or appealed) & is there any way to buy the new car but our information remain hide from tax department?