MM was allowed to use a rolig is given to employee on () 1-4 2014 (6) 15-6-2014 THinta Case (a)? 1.900 Cane (b) 1.510) VII (viii) Transfer of moveable assets to the employee Taxable value is to be calculated by charging depreciation at the following raten 6) Electronic items 50% p.a. on WDV (u) Motor car or other conveyance 20% pa. on WDV (iii) Any other item 10% pa on actual Taxable value Actual cost Normal wear and Any amount paid by emple of this perk to the employer tor of the asset or recovered from in E ctronic item bere means data storage and handling devices like computer, digital and printers. They do not include household appliances like washing machines, mer Ovens, mixers, etc. Depreciation is to be charged on year to year basis ie period of 12 months to be ca from date of acquisition LUSTRATION 267 An air conditioner was transferred by the employer company to Mr. X for? 26.000 -2014. Its cost on 1-11-2012 was 7 40,000. What is the value of perk