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Sodexo meal pass

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(Querist)
09 May 2012 Sir

Is there any exemption for SODEXO MEAL PASS under the Income Tax Act.If so what is the limit and how it is to be treated when calculating the salary of an individual
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Guest (Expert)
10 May 2012 Yes it is exempted upto Rs 50 per meal. It is not to be included in employees salary upto the limit

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