food allowence

This query is : Resolved 

21 July 2011 is food allowence exempt? if yes than upto which limit and if food aallowence and tiffin allowence one and the same

21 July 2011 Any payment in the nature of allowance is taxable but if it is provided by the company during the working hours then the same is exempted as allowable expenses in the hands of the company and not in your hand as allowance.


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