Perquisites - Sale of Moveable Assets - (New) Rule 15(5)(a) / (Old) Rule 3(7)(viii)

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....price) to the employee, or any member of their household. Then the employee gets a taxable perquisite. Value of Perquisite = Cost − ^#Depreciated Value − Amount paid by employee ^#Calculation of Depreciation Asset Category Rate of Depreciation Method Used Key Condition Computers & Electronic Items 50% per annum Reducing Balance Method ....