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Transfer of Assets Perks - Actual Input
Transfer of Assets Perks - Actual Input
85453.28
2563.5984
88016.8784
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 61,728 Workings of WDV
25% of the value of Car 15,000.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 15,000.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 45,000 Depreciation @ 10%
Less: Recovery from Employee (Value) 15,000 WDV
Balance - Perks 30,000
610068
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 757,289 Workings of WDV
25% of the value of Car 182,826.00 9/28/2012 Cost of the Motor Car
- 8/27/2013 Depreciation @ 20%
Recovery towards transfer (A) 182,826.00 9/28/2013 WDV
8/27/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/28/2014 WDV
WDV as per IT Act 387,732 8/27/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 182,826 9/28/2015 WDV
Balance - Perks 204,906