Canteen facility at workplace – food for thought remains
The taxability of canteen facilities at workplace provided as a free amenity or at subsidized price has been a burning issue since inception. Recently, CBIC vide Circular has clarified few aspects related to taxability of perquisites given to employees and ITC eligibility to employer for goods / services given to employees under statutory obligation.
Through this article, Our Partner, Mr. Deepak Suneja and Associate, Ms. Swati Goyal have examined the recent Circular in detail and have shared their thoughts on impact of such Circular, along with several issues which remain open.
Please click on the below link to read our article titled ‘Canteen Facility At Workplace – Food For Thought Remains’.