Meal coupons- limit per day
This query is : Open
09 December 2009
Due to abolition of FBT, now the food coupons will be categorized as perquisites in the hands of employee if as per rule 3 value of meal exceed Rs.50 per meal.
Any one can suggest a maximum reasonable limit of food coupons we can give to employees per month as per rule? I am asking because I got an information from Accore serivces Website as follows,
"If you opt for Ticket Restaurant® Meal Vouchers @ Rs. 100/- per working day, instead of cash in your salary, the tax you save on Rs. 31,200 i.e. (Rs. 100/- x 26 days x 12 months)"
Is it possible to give Rs 100/- per day ?
For Ref: https://www.accorservices.co.in/ProductAndServices/TicketRestaurantMealVouchers/Pages/FAQ.aspx
Any one can suggest a maximum reasonable limit of food coupons we can give to employees per month as per rule? I am asking because I got an information from Accore serivces Website as follows,
"If you opt for Ticket Restaurant® Meal Vouchers @ Rs. 100/- per working day, instead of cash in your salary, the tax you save on Rs. 31,200 i.e. (Rs. 100/- x 26 days x 12 months)"
Is it possible to give Rs 100/- per day ?
For Ref: https://www.accorservices.co.in/ProductAndServices/TicketRestaurantMealVouchers/Pages/FAQ.aspx
09 December 2009
Rule 3 should prevail i.e.Rs. 50 per meal...
all the conditions in rule 3 would apply while taxing these transaction
all the conditions in rule 3 would apply while taxing these transaction
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Tax rate change regarding
- Non filing of I T Returns
- SALARY CAN BE CAPITALIZE
- Change Of Karta In Case of Death
- Salary from Qatar in Dollars in India
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
