Meal Voucher taxed as perks
This query is : Resolved
06 November 2009
Hi
With removal of FBT, would the meal vouchers( eg sodexho)given by employer be taxed as perks in hands of employees.
Should the employers restrict the meal vouchers entitlement to meet the slab Rs 50/- per meal per day.
Regards
Vidya
With removal of FBT, would the meal vouchers( eg sodexho)given by employer be taxed as perks in hands of employees.
Should the employers restrict the meal vouchers entitlement to meet the slab Rs 50/- per meal per day.
Regards
Vidya
25 February 2010
it is not told in the notification abt the per day. Seems that employer can provide more than one meal in case the office hours ids arranged such that thr are 2 meals.
Thi jus an interpretation on the notification. this is a debatable issue from employee point of view, and a loophole in the notification. So cash it.
Thi jus an interpretation on the notification. this is a debatable issue from employee point of view, and a loophole in the notification. So cash it.
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Booth for sales promotion
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- FEMA regulation Act. for inward remitance
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
