13 August 2010
You have not understood my question.
Company gives Sodexho coupons of Rs.1200/- per month and these coupons are used for buying other items also apart from meals since these coupons can also be used at many retail outlets.In such a case will the employee get tax exemption?
If a comapny provides Sodhexo coupons of Rs. 1200 per month to its employees and also Gift vouchers of Rs.5000/- p.a. then will the employee get exemption from both.?