Thresohold limit of meal voucher for Salary purx
This query is : Resolved
26 November 2010
if employer provide non transfrable meal coupan to employee during ofiice hour it is exempated for tax, kindly let me know what is the limit as per income tax rule
26 November 2010
Rs. 50/- per meal.
Message likes :
1 times
26 November 2010
There is no limit specified under Income Tax Act but an amout should be "considerable". You may go upto Rs. 75/- per day
Depends on salary you can take meals vouchers. In our company we will give meals voucher upto 10000/-. In our case person salary exceeding 150,000 per month.
Depends on salary you can take meals vouchers. In our company we will give meals voucher upto 10000/-. In our case person salary exceeding 150,000 per month.
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Form 121-contradictory opinions
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
