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To be recovered from the employee FOR PERKS Calculation

Motor Car Value 56,692 Workings of WDV


25% of the value of Car 14,173.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 14,173.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 41,328 Depreciation @ 10%
Less: Recovery from Employee (Value) 14,173 WDV
Balance - Perks 27,155

Total Perk Value

Perquisites Value 27,155


Income tax on Value 1108
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 643,757 Workings of WDV
25% of the value of Car 160,939 3/31/2013 Cost of the Motor Car
- 3/30/2014 Depreciation @ 20%
Recovery towards transfer (A) 160,939.25 3/31/2014 WDV
3/30/2015 Depreciation @ 20%
Perks on transfer of Motor Car 3/31/2015 WDV
WDV as per IT Act 329,604 3/30/2016 Depreciation @ 20%
Less: Recovery from Employee (Value) 160,939 3/31/2016 WDV
Balance - Perks 168,664

Total Perk Value

Perks Value 168,664


IT On Perks 52,117
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 733,131 Workings of WDV
25% of the value of Car 183,283 3/31/2013 Cost of the Motor Car
- 3/30/2014 Depreciation @ 20%
Recovery towards transfer (A) 183,282.75 3/31/2014 WDV
3/30/2015 Depreciation @ 20%
Perks on transfer of Motor Car 3/31/2015 WDV
WDV as per IT Act 375,363 3/30/2016 Depreciation @ 20%
Less: Recovery from Employee (Value) 183,283 3/31/2016 WDV
Balance - Perks 192,080

Total Perk Value

Perks Value 192,080


IT On Perks 59,353
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 772,857 Workings of WDV
25% of the value of Car 187,464.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 187,464.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 316,562 9/29/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 187,464 9/29/2014 WDV
Balance - Perks 129,098 9/29/2015 Depreciation @ 20%
WDV

Total Perk Value

Perks Value 129,098


IT On Perks
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 374,025 Workings of WDV
25% of the value of Car 90,736.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 90,736.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 191,501 9/29/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 90,736 9/29/2014 WDV
Balance - Perks 100,765 9/29/2015

Total Perk Value

Perks Value 100,765


IT On Perks 20,758
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 671,103 Workings of WDV
25% of the value of Car 250,000.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 250,000.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 671,103 9/29/2015
Less: Recovery from Employee (Value) 250,000 9/29/2014
Balance - Perks 421,103 9/29/2015

Total Perk Value

Perks Value 421,103


IT On Perks
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 1,676,467 Workings of WDV
25% of the value of Car 375,000.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 375,000.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 549,345 9/29/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 375,000 WDV
Balance - Perks 174,345 Depreciation @ 20%
WDV
Depreciation @ 20%
WDV

Total Perk Value

Perks Value 174,345


IT On Perks 53,873
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 1,050,285 Workings of WDV
25% of the value of Car 125,000.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 125,000.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 264,691 9/29/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 125,000 WDV
Balance - Perks 139,691

Total Perk Value

Perks Value 139,691


IT On Perks 28,776
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 910,000 Workings of WDV
25% of the value of Car 227,500.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 227,500.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 465,920 9/29/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 227,500 WDV
Balance - Perks 238,420

Total Perk Value

Perks Value 238,420


IT On Perks 73,672
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 655,655 Workings of WDV
25% of the value of Car 163,914.00 9/28/2012 Cost of the Motor Car
- 9/29/2013 Depreciation @ 20%
Recovery towards transfer (A) 163,914.00 9/28/2013 WDV
9/29/2014 Depreciation @ 20%
Perks on transfer of Motor Car 9/29/2014 WDV
WDV as per IT Act 268,556 9/29/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 163,914 WDV
Balance - Perks 104,642 Depreciation @ 20%
WDV

Total Perk Value

Perks Value 104,642


IT On Perks 21,556
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 43,442 Workings of WDV
25% of the value of Car 10,620.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 10,620.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 31,669 Depreciation @ 10%
Less: Recovery from Employee (Value) 10,620 WDV
Balance - Perks 21,049

Total Perk Value

Perquisites Value 21,049


Income tax on Value 2168
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 58,067 Workings of WDV
25% of the value of Car 14,173.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 14,173.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 42,331 Depreciation @ 10%
Less: Recovery from Employee (Value) 14,173 WDV
Balance - Perks 28,158

Total Perk Value

Perquisites Value 28,158


Income tax on Value 0
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 57,713 Workings of WDV
25% of the value of Car 14,095.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 14,095.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 42,073 Depreciation @ 10%
Less: Recovery from Employee (Value) 14,095 WDV
Balance - Perks 27,978

Total Perk Value

Perquisites Value 27,978


Income tax on Value 2882
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 57,713 Workings of WDV
25% of the value of Car 14,095.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 14,095.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 42,073 Depreciation @ 10%
Less: Recovery from Employee (Value) 14,095 WDV
Balance - Perks 27,978

Total Perk Value

Perquisites Value 27,978


Income tax on Value 2882
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 58,621 Workings of WDV
25% of the value of Car 14,285.00 6/29/2010 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 14,285.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 42,735 Depreciation @ 10%
Less: Recovery from Employee (Value) 14,285 WDV
Balance - Perks 28,450

Total Perk Value

Perquisites Value 28,450


Income tax on Value 2930
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 978,121 Workings of WDV
25% of the value of Car 225,000.00 2/27/2013 Cost of the Motor Car
- 2/28/2014 Depreciation @ 20%
Recovery towards transfer (A) 225,000.00 3/1/2014 Cost of the Motor Car
3/1/2015 Depreciation @ 20%
Perks on transfer of Motor Car 3/1/2014 Cost of the Motor Car
WDV as per IT Act 500,798 3/1/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 225,000 WDV
Balance - Perks 275,798

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 655,018 Workings of WDV
25% of the value of Car 125,000.00 2/27/2013 Cost of the Motor Car
2/28/2014 Depreciation @ 20%
Recovery towards transfer (A) 125,000.00 3/1/2014 Cost of the Motor Car
3/1/2015 Depreciation @ 20%
Perks on transfer of Motor Car 3/1/2014 Cost of the Motor Car
WDV as per IT Act 335,369 3/1/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 125,000 WDV
Balance - Perks 210,369

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 790,090 Workings of WDV
25% of the value of Car 187,500.00 2/27/2013 Cost of the Motor Car
- 2/28/2014 Depreciation @ 20%
Recovery towards transfer (A) 187,500.00 3/1/2014 Cost of the Motor Car
3/1/2015 Depreciation @ 20%
Perks on transfer of Motor Car 3/1/2014 Cost of the Motor Car
WDV as per IT Act 404,526 3/1/2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 187,500 WDV
Balance - Perks 217,026

Total Perk Value


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

Total Perk Value

Perquisites Value 30,000


Income tax on Value 3090
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 767,498 Workings of WDV
25% of the value of Car 186,732.00 7/1/2013 Cost of the Motor Car
- 6/30/2014 Depreciation @ 20%
Recovery towards transfer (A) 186,732.00 7/1/2014 WDV
6/30/2015
Perks on transfer of Motor Car
WDV as per IT Act 613,998
Less: Recovery from Employee (Value) 186,732
Balance - Perks 427,266

Total Perk Value

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

Total Perk Value

Perquisites Value 30,000


Income tax on Value 3090
To be recovered from the employee FOR PERKS Calculation
Motor Car Value 1,564,278 Workings of WDV
25% of the value of Car 391,069.50 7/1/2013 Cost of the Motor Car
- 6/30/2014 Depreciation @ 20%
Recovery towards transfer (A) 391,069.50 7/1/2014 WDV
6/30/2015 Depreciation @ 20%
Perks on transfer of Motor Car WDV
WDV as per IT Act 1,001,138
Less: Recovery from Employee (Value) 391,070
Balance - Perks 610,068

Total Perk Value


516,212.00
93,856.42

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

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 58,687 Workings of WDV
25% of the value of Car 14,351.50 11/19/2012 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 14,351.50 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 47,536
Less: Recovery from Employee (Value) 47,536
Balance - Perks 0

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 53,974 Workings of WDV
25% of the value of Car 13,056.00 11.08.2009 Cost of the Motor Car
- Depreciation @ 10%
Recovery towards transfer (A) 13,056.00 WDV
Depreciation @ 10%
Perks on transfer of Motor Car WDV
WDV as per IT Act 31,871 Depreciation @ 10%
Less: Recovery from Employee (Value) 13,056 WDV
Balance - Perks 18,815 Depreciation @ 10%
WDV
Depreciation @ 10%
WDV

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 59,480 Workings of WDV
25% of the value of Car 19,628.00 11/19/2012 Cost of the Motor Car
- 11/18/2013 Depreciation @ 10%
Recovery towards transfer (A) 19,628.00 11/19/2013 WDV
11/18/2014 Depreciation @ 10%
Perks on transfer of Motor Car 11/19/2014 WDV
WDV as per IT Act 48,179
Less: Recovery from Employee (Value) 19,628
Balance - Perks 28,551

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 510,000 Workings of WDV
25% of the value of Car 127,500.00 7/21/2011 Cost of the Motor Car
- 7/20/2012 Depreciation @ 20%
Recovery towards transfer (A) 127,500.00 7/21/2012 WDV
7/20/2013 Depreciation @ 20%
Perks on transfer of Motor Car 7/21/2013 WDV
WDV as per IT Act 261,120 7/20/2014 Depreciation @ 20%
Less: Recovery from Employee (Value) 127,500 7/21/2014 WDV
Balance - Perks 133,620

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 72,530 Workings of WDV
25% of the value of Car 17,545.25 7/19/2011 Cost of the Motor Car
- 7/18/2012 Depreciation @ 10%
Recovery towards transfer (A) 17,545.25 7/19/2012 WDV
7/18/2013 Depreciation @ 10%
Perks on transfer of Motor Car 7/19/2013 WDV
WDV as per IT Act 43,361 7/18/2014 Depreciation @ 10%
Less: Recovery from Employee (Value) 17,545 7/19/2014 WDV
Balance - Perks 25,816

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 53,208 Workings of WDV
25% of the value of Car 13,036.00 11/21/2011 Cost of the Motor Car
- 11/20/2012 Depreciation @ 10%
Recovery towards transfer (A) 13,036.00 11/21/2012 WDV
11/20/2013 Depreciation @ 10%
Perks on transfer of Motor Car 11/21/2013 WDV
WDV as per IT Act 38,789 7/18/2014 Depreciation @ 10%
Less: Recovery from Employee (Value) 13,036 7/19/2014 WDV
Balance - Perks 25,753

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 70,101 Workings of WDV
25% of the value of Car 15,000.00 11/21/2011 Cost of the Motor Car
- 11/20/2012 Depreciation @ 10%
Recovery towards transfer (A) 15,000.00 11/21/2012 WDV
11/20/2013 Depreciation @ 10%
Perks on transfer of Motor Car 11/21/2013 WDV
WDV as per IT Act 51,104 7/18/2014 Depreciation @ 10%
Less: Recovery from Employee (Value) 15,000 7/19/2014 WDV
Balance - Perks 36,104

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 412,431 Workings of WDV
25% of the value of Car 87,500.00 7/21/2011 Cost of the Motor Car
- 7/20/2012 Depreciation @ 20%
Recovery towards transfer (A) 87,500.00 7/21/2012 WDV
7/20/2013 Depreciation @ 20%
Perks on transfer of Motor Car 7/21/2014 WDV
WDV as per IT Act 211,165 7/20/2013 Depreciation @ 20%
Less: Recovery from Employee (Value) 87,500 7/21/2014 WDV
Balance - Perks 123,665

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 471,889 Workings of WDV
25% of the value of Car 114,950.00 7/21/2011 Cost of the Motor Car
- 7/20/2012 Depreciation @ 20%
Recovery towards transfer (A) 114,950.00 7/21/2012 WDV
7/20/2013 Depreciation @ 20%
Perks on transfer of Motor Car 7/21/2014 WDV
WDV as per IT Act 241,607 7/20/2013 Depreciation @ 20%
Less: Recovery from Employee (Value) 114,950 7/21/2014 WDV
Balance - Perks 126,657

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 1,074,856 Workings of WDV
25% of the value of Car 268,714.00 14.09.2011 Cost of the Motor Car
- 13.09.2012 Depreciation @ 20%
Recovery towards transfer (A) 268,714.00 14.09.2012 WDV
13.09.2013 Depreciation @ 20%
Perks on transfer of Motor Car 14.09.2013 WDV
WDV as per IT Act 550,326 13.09.2014 Depreciation @ 20%
Less: Recovery from Employee (Value) 268,714 14.09.2014 WDV
Balance - Perks 281,612

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 972,142 Workings of WDV
25% of the value of Car 243,035.50 09.11.2011 Cost of the Motor Car
- 08.11.2012 Depreciation @ 20%
Recovery towards transfer (A) 243,035.50 09.11.2012 WDV
08.11.2013 Depreciation @ 20%
Perks on transfer of Motor Car 09.11.2013 WDV
WDV as per IT Act 497,737 08.11.2014 Depreciation @ 20%
Less: Recovery from Employee (Value) 243,036 09.11.2014 WDV
Balance - Perks 254,701

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 498,171 Workings of WDV
25% of the value of Car 124,542.75 14.12.2011 Cost of the Motor Car
- 13.12.2012 Depreciation @ 20%
Recovery towards transfer (A) 124,542.75 14.12.2012 WDV
13.12.2013 Depreciation @ 20%
Perks on transfer of Motor Car 14.12.2013 WDV
WDV as per IT Act 255,064 13.12.2014 Depreciation @ 20%
Less: Recovery from Employee (Value) 124,543 14.12.2014 WDV
Balance - Perks 130,521

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 612,364 Workings of WDV
25% of the value of Car 153,091.00 17.02.2012 Cost of the Motor Car
- 16.02.2013 Depreciation @ 20%
Recovery towards transfer (A) 153,091.00 17.02.2013 WDV
16.02.2014 Depreciation @ 20%
Perks on transfer of Motor Car 17.02.2014 WDV
WDV as per IT Act 313,530 16.02.2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 153,091 17.02.2015 WDV
Balance - Perks 160,439

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 932,236 Workings of WDV
25% of the value of Car 225,000.00 29.02.2012 Cost of the Motor Car
- 28.02.2013 Depreciation @ 20%
Recovery towards transfer (A) 225,000.00 29.02.2013 WDV
28.02.2014 Depreciation @ 20%
Perks on transfer of Motor Car 29.02.2014 WDV
WDV as per IT Act 477,305 28.02.2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 225,000 01.03.2015 WDV
Balance - Perks 252,305

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 1,676,467 Workings of WDV
25% of the value of Car 419,116.75 31.03.2012 Cost of the Motor Car
- 31.03.2013 Depreciation @ 20%
Recovery towards transfer (A) 419,116.75 31.03.2013 WDV
31.03.2014 Depreciation @ 20%
Perks on transfer of Motor Car 31.03.2014 WDV
WDV as per IT Act 858,351 31.03.2015 Depreciation @ 20%
Less: Recovery from Employee (Value) 419,117 31.03.2015 WDV
Balance - Perks 439,234

Total Perk Value


To be recovered from the employee FOR PERKS Calculation
Motor Car Value 392,171 Workings of WDV
25% of the value of Car 95,000.00 12/14/2011 Cost of the Motor Car
- 12/13/2012 Depreciation @ 20%
Recovery towards transfer (A) 95,000.00 12/14/2012 WDV
12/13/2013 Depreciation @ 20%
Perks on transfer of Motor Car 12/14/2013 WDV
WDV as per IT Act 200,792 12/13/2014 Depreciation @ 20%
Less: Recovery from Employee (Value) 95,000 12/14/2014 WDV
Balance - Perks 105,792

Total Perk Value

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