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of <h1>Indian Airlines Must Compensate Medically Unfit Pilots; Insurance Premiums Not Taxable Perquisites Under Service Rules.</h1> The circular clarifies that Indian Airlines is responsible for compensating pilots who are grounded due to medical unfitness, as per the Service Rules and a Wage Agreement with the pilots. To cover this liability, individual insurance policies are taken out, with premiums paid by Indian Airlines. These premium reimbursements are not considered taxable perquisites for pilots. The circular modifies a previous instruction and notes that the taxability of compensation received by pilots upon losing their flying license is under separate consideration, with further instructions to be provided later.
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