https://www.taxtmi.com/circulars?id=5266 The circular modifies prior guidance on expenditure for food or beverages supplied to employees, treating such expenditure as entertainment expenditure and instructing assessing officers on its assessment. It substitutes the prior employee-tax statement with a provision that, where the employer pays the caterer, restaurant, eating place or canteen directly, the employee will not be taxed on a small daily meal benefit up to the prescribed administrative threshold, and directs officers to implement this concession. en-us Fri, 27 Oct 1995 00:00:00 +0530 Mon, 22 Sep 2008 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5266 The circular modifies prior guidance on expenditure for food or beverages supplied to employees, treating such expenditure as entertainment expenditure and instructing assessing officers on its assessment. It substitutes the prior employee-tax statement with a provision that, where the employer pays the caterer, restaurant, eating place or canteen directly, the employee will not be taxed on a small daily meal benefit up to the prescribed administrative threshold, and directs officers to implement this concession. Circulars Income Tax Fri, 27 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5266