sodexo coupons
This query is : Resolved
30 April 2010
If A company gives sodexo food coupons of Rs. 100 per day (i.e. Rs. 50 per meal and 2 meals per day) is the entire Rs.100 exempt????
Does meal include breakfast and lunch???
the income tax act doesnt give the definition of meal. it just says Rs.50 per meal????
plz let me kno if Rs.100 per day is fully expempt
Does meal include breakfast and lunch???
the income tax act doesnt give the definition of meal. it just says Rs.50 per meal????
plz let me kno if Rs.100 per day is fully expempt
30 April 2010
my view is yes. Because in the act is not told the limit of meal perday.it simply says up to Rs.50 per meal exempted and also food facilites during office hours is clearly mentioned so if based on your office timings 2 meals can justifiable.you can claim the same
01 May 2010
AGREE WITH RAMESHJI
01 May 2010
hmm thanks....
my office timings are 9 am to 6.30 pm.
Can two meals be justified?
Can we say
1) Rs.50 for lunch
2) Rs.25 for morning snacks
3) Rs.25 for evening snacks
coz IT act says tea and snacks during office hrs is fully exempt.
so can that be used to justify the Rs.100???
one more doubt : if this is so much beneficial then why not all companies do it???
my office timings are 9 am to 6.30 pm.
Can two meals be justified?
Can we say
1) Rs.50 for lunch
2) Rs.25 for morning snacks
3) Rs.25 for evening snacks
coz IT act says tea and snacks during office hrs is fully exempt.
so can that be used to justify the Rs.100???
one more doubt : if this is so much beneficial then why not all companies do it???
01 May 2010
Meal definition is not provided in the Act. the option for opting the same totally dependent on the employee.your option also may works out
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- 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
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
