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Perquisite on sale of electric car to an employee, Income Tax

Issue Id: - 106024
Dated: 27-8-2013
By:- saravanan rengachary

Perquisite on sale of electric car to an employee


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Hi,

Please let me know what is the rate of depreciation in case of sale of electric car to an employee when the perquisite value is calculated. In case of other motor cars, depreciation is 10%, is it the same for electric car also? Please confirm.

Regards,

Shivashankar

 

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Page: 1


1 Dated: 19-11-2015
By:- MARIAPPAN GOVINDARAJAN

Whether you have got clarified in the above said issue? If not please inform.


Page: 1

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