LatestAccounting And Audit 27 July 2026
Sodexo Meal Card Tax
The Sodexo meal card tax exemption has been increased to ₹200 per meal under the Income Tax Act 2025, resulting in significant tax savings for individuals, with the exemption limit increased to provide relief to taxpayers, and the difference between ITR-3 and ITR-4 forms is also discussed, highlighting who is eligible to file which form, as well as the implications of Section 44AB Income Tax Audit
The Sodexo meal card tax exemption has been increased to *₹200 per meal* under the Income Tax Act 2025. This increase has resulted in significant tax savings for individuals. Some key points to consider:
- The increased exemption limit has saved taxes of *Rs. 24,710* in certain cases.
- The difference between *ITR-3* and *ITR-4* forms is also discussed, highlighting who is eligible to file which form.
- The implications of *Section 44AB Income Tax Audit* are also considered.
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