Upgrade to AI Search ✕

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
• Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
• Detailed report covering:
     - Overview Summary
     - Governing Provisions [Acts, Notifications, Circulars]
     - Relevant Case Laws
     - Tariff / Classification / HSN
     - Expert views from TaxTMI
     - Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Call Us / Help / Feedback✕

TMI Blog

Home /

Previous Next

Scope of Sec.17-Insurance of pilot's license.

X X X X Extracts X X X X

Full Text of the Document

X X X X Extracts X X X X

....o pay compensation to them if their licenses are withdrawn. The benefits from insurance is therefore derived by the corporations and not by the pilots. Reimbursement of the amount of premium cannot in the circumstances be treated as perquisite in the assessments of the pilots. However, if a pilot receives compensation against loss of his licence, he would be liable to pay tax on the amount as this....

Previous Next

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Scope of Sec.17-Insurance of pilot's license.