Hi Guys,
Issue is solved. I had to add wait till InQueue > 0 (it means there is atleast 1 byte in receive buffer) or timeout (as safety exit) is over. it would be blocking call but it is OK for my application at the moment. waitComm() did not work well for me here.
sample snippet:
while(1)
{
ClearCommError((HANDLE)*h_drv, (LPDWORD)&Err, &CST);
if((CST.cbInQue >0)||(count >1000000))
break;
count++;
}