Food Coupons issued by Employer would be taxable ?

Tax queries 3947 views 2 replies

Hi,

Are the food coupons in the form of SODEXHO Meal passes given by the employer would be taxable for the year 2010-11?

I heard about some frindge benefits given by the employer would be taxable. Do the Food coupons also come under this category ?

Thanks,

Nilesh

Replies (2)

Dear Nilesh,

Yes after the abolition of FBT, the food coupons issued to employees will be a taxable perquisite provided it exceeds Rs. 50/meal...

 

food coupons and sodexho meal passes are different things.

Food Coupon - above 50Rs/meal is taxable perquisite

Sodexho meal - whole amt. is fully taxable.

Correct me if I m wrong...........


CCI Pro

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