Sir,
Meal coupons: Sodexho passes or any such meal vouchers are non-taxable, but upto 50 Rs per working day, that means 1100 per month (assuming 5 days a week). My doubt is - suppose total working days for an year (Apr- Mar)is 240 days, he is eligible for 240*500= 12000/- worth food coupon for a year.should i consider the no of leaves taken by the employee during this period and deduct food coupon acc-ly, since it is said upto 50 Rs per working day.