Hi, I would like to know upto what limit is sodexho tax exempt. As per my knowledge it is upto Rs. 1000? Please let me know where i can find this information
From India, Bangalore
From India, Bangalore
Hi Meeta,
If there is no limit for distributing sodexo coupons or any food coupons, then any organization can give up to Rs. 10K or higher because the whole amount will be tax exempt, rt. Hence, i think there should be a cap.
If anyone knows for sure and has the act by government which says this, could they share it with me.
Thanks,
Sudha.
From India, Bangalore
If there is no limit for distributing sodexo coupons or any food coupons, then any organization can give up to Rs. 10K or higher because the whole amount will be tax exempt, rt. Hence, i think there should be a cap.
If anyone knows for sure and has the act by government which says this, could they share it with me.
Thanks,
Sudha.
From India, Bangalore
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Tax Limit.xls
Notification No 11 Commissioner of state tax here by extends the limit for.pdf
Tax limit and calculation 2011-2012.doc