Company car sale of exiting exployee will taxable

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..... Company car sale of exiting exployee will taxable
Query (Issue) Started By: - udit gupta Dated:- 16-9-2010 Last Reply Date:- 18-9-2010 Income Tax
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Income Tax
What will be incom .....

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..... e tax If company sold a car to company employee who is leaving company Regards Narendra Reply By GOPALJI AGRAWAL: The Reply: The actual cost of the car to the company minus 20% depreciation for each .....

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..... completed year on WDV method less consideration received would be taxable as perquisite in the hands of employee if the difference is positive.
Discussion Forum - Knowledge Sharing .....

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