Income Taxed by Accounting Method, Not TDS Year; Include Loan Processing Fees in Car Purchase Cost. https://www.taxtmi.com/highlights?id=30089 (i) Year of taxability of income - as per regular method of accounting and not as per the year in which TDS has been deducted (ii) Loan processing fees paid for purchase of Car to be added in car cost en-us Mon, 04 Jul 2016 16:11:02 +0530 Mon, 04 Jul 2016 16:11:02 +0530 TaxTMI RSS Generator Income Taxed by Accounting Method, Not TDS Year; Include Loan Processing Fees in Car Purchase Cost. https://www.taxtmi.com/highlights?id=30089 (i) Year of taxability of income - as per regular method of accounting and not as per the year in which TDS has been deducted (ii) Loan processing fees paid for purchase of Car to be added in car cost Highlights Income Tax Mon, 04 Jul 2016 16:11:02 +0530 https://www.taxtmi.com/highlights?id=30089