What will be the taxable amount if tea and snacks are provided in the office after office hours?

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

What will be the taxable amount if tea and snacks are provided in the office after office hours?

Post by answerhappygod »

What will be the taxable amount if tea and snacks are provided in the office after office hours?

A. Nil
B. Nil, if it is up to Rs. 50 per meal
C. Actual amount spent by the employer
D. Nil, if it is up to Rs. 75 per meal
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top

This topic has 1 reply

You must be a registered member and logged in to view the replies in this topic.


Register Login
 
Post Reply

Return to “Archived Questions & Answers”