Q213
If an employer transfers second hand motor car to the employee, the perquisite is valued at:
A.
Actual cost less depreciation @ 30% for every completed year under straight line method
B.
Actual cost less depreciation @ 20% for every completed year under WDV method
C.
Actual cost less depreciation @ 30%for every completed year under WDV method
D.
Actual cost less depreciation @ 20% for every completed year under SLM method
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board