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National Federation of Independent Business Vs. Sebelius

Court : US Supreme Court

Subject : Land Acquisition

the ACA, aptly titled: “Medicaid Coverage for the Lowest Income Populations.” 124Stat. 271. That section amends Title 42, Chapter 7, Subchapter XIX: Grants to States for Medical Assistance Programs. Commonly known as the Medicaid Act, Subchapter XIX filled … known as the Medicaid Act, Subchapter XIX filled some 278 pages in 2006. Section 2001 of the ACA would add approximately three pages. [ 19 … IV); Dept. of Health and Human Services, Centers for Medicare and Medicaid Services, C. Truffer et al., 2010 Actuarial Report on the Financial Outlook for Medicaid, p. 20.      Nor will the expansion exorbitantly increase state Medicaid

C.c. C.e. And S.t. Bangalore (adjudication) Vs. M/s Northern Operating ...

Court : Supreme Court of India

Subject : Service Tax

two orders4 the commissioner confirmed the proposals in the notice (except the demand for the period from April 2006 to September 2006) accepting the fact that part of the demand has been raised @ 12.3% instead of … 65 are extracted below: Old provisions of the Act “Definitions.65. In this Chapter, unless the context otherwise requires, - (1) "actuary" has the meaning assigned … for the subsequent period. The CESTAT, by its common 1 Under Section 35L (b) of the Central Excise Act, 1944. 2 Dated 23.12.2020 in Service Tax Appeal (STA) Nos. 22573-74/2014; STA No.21502/2017, Service Tax/CROSS/21077/2017 and Service Tax/CROSS/20255/2018. … The first two of these notices also invoked the proviso to Section 73 (1) read with Section 66A of the Act, proposing to demand service

Rajshree Sugars and Chemicals Limited Rep. by Its Director and Chief O ...

Court : Chennai

Subject : CommercialContract

Acts : Contract Act, 1872 - Sections 23, 24, 30 and 31; Recovery of Debts Due to Banks and Financial Institutions Act, 1993 - Sections 2, 17, 18 and 19(6) to 19(11); Specific Relief Act, 1963 - Sections 3, 37 and 41; Banking Regulation Act, 1949 - Sections 6(1), 6(2) and 35A; Specific Relief Act, 1887 - Sections 41 and 56; SARFAESI Act; Gaming Act, 1845 - Sections 18; Gaming (Amendment) Act, 1892; Bombay Forward Contracts Control Act; Forward Contracts (Regulation) Act, 1952; Securities Contracts (Regulation) Act, 1956 - Sections 2 and 18A; Reserve Bank of India Act, 1934; Foreign Exchange Regulation Act, 1973 - Sections 73(3); Foreign Exchange Management Act, 1999 - Sections 47(2); Reserve Bank of India (Amendment) Act, 2006 - Sections 45U, 45V, 45V(1), 45V(2), 45W and 45X; Civil Proc

Reported in : 2008BusLR908; 2009(1)CTC227; (2008)8MLJ261

with some options and then proceed to introduce exotic features/options. 94. Thereafter, the Reserve Bank of India (Amendment) Act, 2006, was passed, legitimising the transactions in derivatives, with retrospective effect, with the introduction of Chapter III-D in the … ago. The pricing of the deals, follows a scientific pattern on the basis of Financial Mathematics. Just as Actuaries scientifically determine the value of insurance risks and the premium payable, Financial Mathematicians (or Portfolio Managers) evaluate the … V. Ramasubramanian, J.1. $ 700 Billion bail out plan', 'Wall Street vanished', 'Lehman Brothers went belly up',

The Regional Director, Southern Regional Business Centre, Oil and Natu ...

Court : Chennai

Subject : Service

Acts : Workmen's Compensation Act; Payment of Wages Act - Sections 7(1) and 7(2); Payment of Gratuity Act - Sections 14; Minimum Wages Act; Payment of Bonus Act; Employees Provident Fund Act - Sections 1(3), 7, 12 and 17; Income Tax Act, 1961 - Sections 2 and 80; Trust Act; Employees' State Insurance Act; Constitution of India - Articles 38, 39, 41, 42, 43, 47 and 226; Income Tax Rules - Rule 2(2)

Reported in : (2008)IILLJ1001Mad

Death-in-Service Superannuation Benefit Scheme for the period from April 2005 to March 2006 @ Rs. 1608.33 p.m. on my behalf.We are of the view that … as per which, her contribution to PRBS is shown as deduction under Chapter VI-A under Section 80(c) Income Tax Act. By analysis of the rate … ensure that both the contributions by employees and the benefits flowing to them must be broadly commensurate. Since actuarial appraisal is done every three years, as provided by the statutory scheme itself, we are sure that the … the event of permanent total disablement or death, over and above the amount payable under the Workmen's Compensation Act.3. The draft scheme was approved by the Government of India on 18.09.1991 and by the Income Tax Department … deduction of salary for contribution towards PRBS.25. Section 7(1) of the Payment of Wages Act contains clear

Scottish Widows plc (Appellant) Vs. Commissioners for Her Majesty's Re ...

Court : UK Supreme Court

Subject : MRTP

of Session, and now before this Court, creates a risk of getting lost in a labyrinth of abstractions. Actuaries, accountants and lawyers are trying to converse in the same language, but it is not easy going. It … Customs ("the Revenue") as to the tax consequences. 36. On 11 October 2006 the Company and the Revenue joined in making a referral to the … 1988, Part XII dealt with special classes of companies and businesses, and Chapter 1 of Part XII dealt with insurance companies, underwriters and capital redemption … ("the Company") and Her Majesty's Revenue and Customs ("HMRC") under para 31 of Schedule 18 to the Finance Act 1998: [2010] CSIH 47, 2010 SLT 885, 2010 STC 2133. The question that was referred to the Special … those periods equal to £28,689,437, £612,583,866 and £431,261, 757 respectively. 6. HMRC maintain that, on a proper

City of Cape Town Municipality Vs. South African Local Authorities Pen ...

Court : South Africa Supreme Court of Appeal

Subject : Land Acquisition

the Registrar, an amended version of the resolution was submitted in May 2006 and approved by the Registrar in terms of s 12(4) of the … its context it is important to look at the purpose for which Chapter VA, which deals with the office of the Pension Funds Adjudicator, was … rules. In terms of rule 4.2.2.2, the rate of the employers contribution is subject to review at each actuarial investigation ” ordinarily every three years. [8] Rule 4.5 provides that if at any time the balances in … in which the court a quo dismissed an appeal in terms of s 30P of the Pension Funds Act 24 of 1956 (the Act) against a determination of the Acting Pension Funds Adjudicator (the Adjudicator). The appeal … Meyer v Iscor Pension Fund 2003 (2) SA 715 (SCA) para 8 it was held that the

intercontinental Consultants and Technorats Pvt. L Vs. U.O.i. and anr.

Court : Delhi

Subject : Service Tax

as may be prescribed. Section 67 of the Act as it stood before being substituted by the Finance Act, 2006, w. e. f. 01.05.2006 was as under:67. Valuation of taxable services for charging service tax For the purposes … the alternative that the said rule is ultra vires of the provisions of Section 66 and 67 of Chapter V of the Finance Act, 1994.2. The petitioner is a company providing consulting engineering services. It specialises in … deposit the due service tax along with interest @ 13% under section 73 and 75 respectively of the Finance Act, 1994 within 15 days. The

Ece Industries Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2007)111TTJ(Delhi)11

the business by the transferee. The assessee also undertook to perform all necessary obligations in this regard.15. Under Chapter 7, some liabilities have been excluded. On perusal of the relevant clause, it is found that such liability related … parties agree that the exact amount of compensation for the liabilities reserves shall be jointly determined by the actuaries of ECE and Osram as per the date of closing. The calculation shall be based on the same … profit for the current year.3.3 The AO invoked Section 50 of IT Act and issued a notice to the assessee vide letter dt. 29th Jan., … additional grounds were admitted by the Bench by order dt. 30th May, 2006.5. As the core issue in the original grounds of appeal, as reproduced

Union of India Vs. M/S Intercontinental Consultants and Technocrats pv ...

Court : Supreme Court of India

Subject : Service Tax

providing the services as they cannot be treated as element/components of service. Section 67 was amended by Finance Act, 2006 w.e.f. May 01, 2006. Since the cases before us involve period prior to the aforesaid amendment as well … of the Rules as unconstitutional as well as ultra vires the provisions of Sections 66 and 67 of Chapter V of the Finance Act, 1994 (hereinafter referred to as the ‘Act’). The High Court of Delhi has, … to deposit the due service tax along with interest @13% under Sections 73 and 75 respectively of the Act. In response, the respondent provided month-wise

Futter and Another Vs. the Commissioners for Her Majesty's Revenue and ...

Court : UK Supreme Court

Subject : Land Acquisition

will, on occasion (indeed, quite often) include taking advice from appropriate experts, whether the experts are lawyers, accountants, actuaries, surveyors, scientists or whomsoever. It is, however for advisers to advise and for trustees to decide: trustees may … her advisers became aware of the inheritance tax liabilities in 2003. In 2006 Mr Pitt (by a litigation friend) and the trustees of the SNT … decd [1975] Ch 42, discussed below, can be seen as a final chapter in that case law. 16. There is one further background matter to … or inadvertence is a further point of distinction. 7. Nevertheless there is a degree of overlap between … to have taken into consideration. It has also been applied to other fiduciaries (in Pitt Mrs Pitt was acting as a receiver appointed by the Court of Protection). Mettoy was concerned with the rules of an occupational