Can anyone explain me that Sodexo petrol coupon or card provided by the employer to its employees are taxable or not?
Thanks Parameshwar
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Quick Summary
This discussion explores whether Sodexo petrol coupons or cards provided by employers are subject to tax. While meal coupons have specific tax-free limits, the taxability of petrol vouchers remains unclear. The original poster is seeking clarification and official references regarding the tax-free status of these petrol benefits.
As per the Income tax law only Sodexo meal coupons to the extent of Rs.50/- per meal per day and maximum of Rs.100/- is allowed. But how can this petrol coupon are tax free?
Please provide me any reference or circular from the department which is allowed.
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