https://www.taxtmi.com/forum/issue?id=2245 Sale of a company car to a departing employee is treated as a taxable perquisite where the employer's cost less depreciation (20% per completed year on the WDV method) minus the consideration received, if positive, constitutes the taxable amount. en-us Thu, 16 Sep 2010 15:23:23 +0530 Thu, 23 Jan 2025 15:58:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2245 Sale of a company car to a departing employee is treated as a taxable perquisite where the employer's cost less depreciation (20% per completed year on the WDV method) minus the consideration received, if positive, constitutes the taxable amount. Discussion-Forum Income Tax Thu, 16 Sep 2010 15:23:23 +0530 https://www.taxtmi.com/forum/issue?id=2245