https://www.taxtmi.com/circulars?id=10270 Special travelling allowance is treated as taxable remuneration in full; stay-over, meal and light refreshment allowances remain tax-exempt. Kit maintenance allowance is exempt only to the extent it reasonably represents expenditure incurred for duties, with the excess taxable. Reimbursement of insurance premia for loss of licence is a taxable perquisite. Other allowances and benefits meeting statutory exemption conditions remain non-taxable. Assessing Officers may accept evidence to allow greater exemption where justified. The guidelines apply to commanders and other pilots and to Air India pilots, and affect pending and future assessments but do not require reopening completed assessments. en-us Wed, 30 Oct 1974 00:00:00 +0530 Mon, 13 Jun 2011 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10270 Special travelling allowance is treated as taxable remuneration in full; stay-over, meal and light refreshment allowances remain tax-exempt. Kit maintenance allowance is exempt only to the extent it reasonably represents expenditure incurred for duties, with the excess taxable. Reimbursement of insurance premia for loss of licence is a taxable perquisite. Other allowances and benefits meeting statutory exemption conditions remain non-taxable. Assessing Officers may accept evidence to allow greater exemption where justified. The guidelines apply to commanders and other pilots and to Air India pilots, and affect pending and future assessments but do not require reopening completed assessments. Circulars Income Tax Wed, 30 Oct 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10270