Sodexo vouchers
This query is : Resolved
07 December 2016
How the sodexo vouchers and meal coupons provide rebate in income tax slab.
07 December 2016
You can claim Rs.50/-per meal per working day is exempt from tax.
07 December 2016
I reproduce the rule 3 (7)(iii) which deals with this perquisite -- this does not speak of per day limit. There are conditions viz. . Voucher should be usable only at eating joints, 2. Voucher should be not transferable and 3. value thereof does not exceed fifty rupees per meal or to tea or snacks provided during working hours
The value of free food and non-alcoholic beverages provided by the employer to an employee shall be the amount of expenditure incurred by such employer. The amount so determined shall be reduced by the amount, if any, paid or recovered from the employee for such benefit or amenity:
Provided that nothing contained in this clause shall apply to free food and non-alcoholic beverages provided by such employer during working hours at office or business premises or through paid vouchers which are not transferable and usable only at eating joints, to the extent the value thereof in either case does not exceed fifty rupees per meal or to tea or snacks provided during working hours or to free food and non-alcoholic beverages during working hours provided in a remote area or an off-shore installation.
The value of free food and non-alcoholic beverages provided by the employer to an employee shall be the amount of expenditure incurred by such employer. The amount so determined shall be reduced by the amount, if any, paid or recovered from the employee for such benefit or amenity:
Provided that nothing contained in this clause shall apply to free food and non-alcoholic beverages provided by such employer during working hours at office or business premises or through paid vouchers which are not transferable and usable only at eating joints, to the extent the value thereof in either case does not exceed fifty rupees per meal or to tea or snacks provided during working hours or to free food and non-alcoholic beverages during working hours provided in a remote area or an off-shore installation.
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