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Rs.50/- will b taxable....
Sir,
Meals provided in office premises (or) voucher provided by the employer value exceeds Rs.50/- then it is taxable.
Here the taxable value amounts to
=(100-50)*365 (assuming 365 days)
=36,500-18,250
=18,250/-
sir,
For meal if the value exceeds 50 is taxable
it should be calculated per meal it is exempt upto rs 50, whether a single meal or 10 meal is provided in a day
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