Meal Vouchers
This query is : Resolved
19 March 2011
Hi all,
Can anyone explain me the tax implications on the meal vouchers provided by the employer to his employees to what extent they are exempt in the hands of the employees and how many meals are free.
Regards
Shachee
Can anyone explain me the tax implications on the meal vouchers provided by the employer to his employees to what extent they are exempt in the hands of the employees and how many meals are free.
Regards
Shachee
19 March 2011
Free meals provided by the employer during office hours at office or business premises up to Rs 50 per meal is exempt.
Free meals provided through paid vouchers which are not transferable and usable only at eating points up to Rs 50 per meal is exempt.
Free meals provided through paid vouchers which are not transferable and usable only at eating points up to Rs 50 per meal is exempt.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
