Hi-I took Ford Car under lease rental Option @10900/-PM. I have paid 3 year lease (means total amount of Rs.3.92 Lacs) and this option eligible for tax benefit. After 3 years, the company offered me a price of Rs.4.05 Lac and I opted for that. They also deducted Rs.50K as Perks.Tax and the car was owned by me. I later sold the car for Rs.5.40 Lacs. So please advise me how much Tax is payable/refundable to me in this2 replies 0 helpful answers Last Updated: 1 year, 7 months ago
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