fixed period of fifteen years remains legally sustainable
despite successive revisions to actuarial commutation factors, which,
according to the Pensioner-Petitioners, have altered the financial ... pursuant to CPC s recommendations, which,
according to the Pensioner-Petitioners, altered actuarial assumptions
underlying the original fifteen-year recovery period.
6. Since all these
provided Rs.1972.64 crores towards pension liability on the basis of
actuarial valuation during the year under consideration.
22
I.T.A. No. 3680 ... books of account( i.e debited
on a scientific basis,) based on actuarial valuation, and is not a
contingent upon happening of any future event
Enough
Reported (IBNER').
The said liability is determined based on actuarial principles by
the appointed actuary. The methodology and assumptions on
the basis ... which the liability is determined is also certified by
the actuary to be appropriate, in accordance with guidelines
and norms issued by the Institute
failed to appreciate that the provision has been recognized basis an
independent actuarial valuation report prepared using scientific
methods and therefore, the provision ... aforesaid schemes on the basis of report of an
independent actuary. The Assessee accounted for the said provisions in
the books of accounts
defined benefit plans as
non-operating in nature. The remeasurement pertains to actuarial
valuation of gratuity obligations, which arises directly out of the
employment relationship ... measurements of provision of gratuity i.e. defined benefit plans relates to
actuarial related remeasurement of provision of Gratuity. The assessee has
contended that there
total income in the return.
9.4 The assessee placed reliance on the actuarial report to
substantiate the figures of remeasurement losses. As per the report ... there was an actuarial loss of ₹22,84,64,799/- on account of the
provident fund and an actuarial gain
Pournima Gupte vs Institute Of Actuaries Of India on 8 April, 2026
केन्द्रीय सूचना आयोग
Central Information Commission
बाबा गंगनाथ मागग, मुननरका
Baba Gangnath Marg ... 656969
Pournima Gupte ......अपीलकताग/Appellant
VERSUS
बनाम
CPIO: Institute of ....प्रनतवािीगण/Respondents
Actuaries of India
Date of Hearing : 07.04.2026
Date of Decision : 07.04.2026
Information Commissioner
Institute Of Actuaries Of India,Mumbai vs Dy Cit (Exemption) 1(1), Mumbai on 10 March, 2026
आयकर अपीलीय अिधकरण ाय पीठ मुं बई ... 7027/Mum/2025
(Assessment Year: 2016-17)
Institute of Actuaries of India, DCIT (Exemption)-1(1),
Unit No. F-206, 2nd Floor, F- 6th Floor
Institute Of Actuaries Of India ,Mumbai vs Dcit (Exemptions)-1(1), Mumbai on 11 February, 2026
आयकर अपीलीय अिधकरण ाय पीठ मुं बई ... 7028/Mum/2025
(Assessment Year: 2015-16)
Institute of Actuaries of India, DCIT (Exemption)-1(1),
Unit No. F-206, 2nd Floor, F- 6th Floor
based on the increasing order of wages.
● The pro-rata formula is actuarially sound and prevents
inequitable cross-subsidization
9. Lastly, learned counsel ... respondents submitted that
the department's position is founded on sound actuarial principles and
considerations of equity. It was contended that, in cases
