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AAFM Exam CTEP Topic 6 Question 30 Discussion
Actual exam question for
AAFM's
CTEP exam
Question #: 30
Topic #: 6
[All CTEP Questions]
Topic #: 6
The employer had purchased a car for Rs. 3,00,000 which was being used for official purposes. After 2 year 6 months of its use, the car is sold to R, the employee, for Rs. 1,20,000. The value of this perquisite shall be __________.
Suggested Answer:
A
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