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Issue ID : 106024
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Perquisite on sale of electric car to an employee

Date 27 Aug 2013
Replies1 Answers
Views 1667 Views

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

 

Income Tax
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Replied on Nov 19, 2015
1.

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

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