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Sodexho Food Coupons

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(Querist)
17 March 2010 Hi,
What is the exempted valus of monthly Sodexho Coupons, a company can give to its employees?
Despite serving free lunch and snacks, the company wishes to extend Food Coupons to the employees. In that circumstances, what would be the tax free component?
Thanks
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 March 2010 Rs.50 per meal exempted
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
17 March 2010 Agreed, Rs.50 per meal per day exempted
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