Thresohold limit of meal voucher for Salary purx

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Shashank Bhushan (Querist)
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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

Aditya Maheshwari

Aditya Maheshwari (Expert)
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26 November 2010 Rs. 50/- per meal.

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CA Durga Prasad Sigatapu

CA Durga Prasad Sigatapu (Expert)
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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.

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