Meal Vouchers
This query is : Resolved
19 March 2011
Hi all,
Can anyone explain me the tax implications on the meal vouchers provided by the employer to his employees to what extent they are exempt in the hands of the employees and how many meals are free.
Regards
Shachee
Can anyone explain me the tax implications on the meal vouchers provided by the employer to his employees to what extent they are exempt in the hands of the employees and how many meals are free.
Regards
Shachee
19 March 2011
Free meals provided by the employer during office hours at office or business premises up to Rs 50 per meal is exempt.
Free meals provided through paid vouchers which are not transferable and usable only at eating points up to Rs 50 per meal is exempt.
Free meals provided through paid vouchers which are not transferable and usable only at eating points up to Rs 50 per meal is exempt.
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
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Journal entry of busniess expenses
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- ITR 4 and Bank transactions
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
