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tax on meal coupons

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(Querist)
22 October 2010 if a co is providing sodexo coupons to employees. at wht limit it is exempted
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
22 October 2010 Rs. 50 per day.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 October 2010 Small correction in Mr.Adityaji reply it is Rs.50 per meal ,not per day
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
22 October 2010 Thanks for the correction. My answer stands modified to that extent.
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taxindiaconnect

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taxindiaconnect (Expert)
22 October 2010 One more correction that this exemption is for meals or beverage provided during working hours.

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