Allocable Surplus - Judgment Search Results

Life Insurance Corporation of India Vs. Commissioner of Income-tax, Bo ...

Court: Mumbai

Reported in: [1979]119ITR900(Bom)

..... life insurance corporation act operate in entirely different fields while s 28 deals with allocation of the surplus and its application for different purposes so far as the computation of income is ..... insurance act if there is a surplus then this surplus has to be allocated in the manner provided in s 28 the allocation is that 95 of the surplus or if a higher percentage is .....

N.C. Dabhi and ors. Vs. State of Gujarat and ors.

Court: Gujarat

Reported in: (1978)19GLR393

..... between the petitioners who are transferred government servants and those government servants who are allocated government servants 5 these contentions are sought to be repelled on behalf of the ..... should obtain the concurrence of the concerned panchayats after obtaining the option from the surplus government staff this circular therefore clearly establishes three facts namely 1 the state government .....

G. Duraikannu Vs. A. Natesa Pillai and ors.

Court: Chennai

Reported in: (1978)1MLJ296

..... clause g contemplates determination by the commissioner of the amount to be allocated to religious uses where any property or money has been given for ..... minor portion of the income is required to be used and substantial surplus is left in the hands of the manager for his own ..... be a complete one the document before us does not contemplate any surplus being left in the hands of the person in charge of .....

Commissioner Vs. Standard Life and Acc. Ins. Co.

Court: US Supreme Court

..... requirements is divided by the total investment yield and the resulting percentage is used to allocate each item of investment income including tax exempt interest partly to the policyholders and partly ..... equal to 50 percent of such excess plus 3 the amount subtracted from the policyholders surplus account for the taxable year as determined under section 815 footnote 12 for the purpose .....

United States Vs. Consumer Life Ins. Co.

Court: US Supreme Court

..... criticism despite this acceptance the government argues here that the unearned premium reserves must be allocated or attributed for tax purposes from the other parties as identified above to the ..... its liability account for reserves remains unchanged few companies would accept the resulting drain on surplus and unlicensed reinsurers wishing to retain new york business began offering a modified form .....

United States Trust Co. Vs. New Jersey

Court: US Supreme Court

..... was developing on november 27 1973 congress had enacted the emergency petroleum allocation act 87 stat 627 as amended 15 u s c 751 ..... n j laws c 5 1931 n y laws c 48 surplus revenues from all port authority facilities were to be pooled in ..... the repeal of the covenant the authority s revenues and earned surplus continued their unhampered and overwhelmingly impressive growth footnote 2 11 indeed .....

Kumaraswami Gounder and ors. Vs. Subba Gounder and ors.

Court: Chennai

Reported in: AIR1977Mad353

..... by each of the surviving members of the family as a result of such re allocation if that expression could be used the first plaintiff was also entrusted with certain areas ..... cannot escape the obligation to account for the income which he secured by way of surplus income and which obviously went into the building of the property in question it was .....

Kumaraswami Gounder and ors. Vs. Subba Gounder and ors.

Court: Chennai

Reported in: (1978)1MLJ305

..... by each of the surviving members of the family as a result of such re allocation if that expression could be used the first plaintiff was also entrusted with certain areas ..... cannot escape the obligation to account for the income which he secured by way of surplus income and which obviously went into the building of the property in question it was .....