Income-tax (Thirteenth Amendment) Rules, 2004

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....of section 17 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (Thirteenth Amendment) Rules, 2004. (2) They shall come into force from the 1st day of October, 2004. 2. In the Income-tax Rules, 1962, in rule 3,- (a) in sub-rule....

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....proviso shall be substituted, namely:- "Provided that nothing contained in this sub-rule shall apply to free food and non-alcoholic beverages provided by the employer during working hours at office or business premises or through paid vouchers which are not transferable and usable only at eating joints, to the extent the value thereof in either case does not exceed Rs.50/- per meal or to tea or....