benefits of a person unlawfully dismissed. In fact, Lord Denning advocated the actuary's assistance in Hodges v. Hindland & Wolff Limited ... follows:
"The Judges do take actuarial considerations into account. They often take a number of years' purchase. If the evidence of an actuary
field of Demography, Statistics and the Mathematical Theory of Probability and Actuaries, developed systems which are today very near perfect.
11. First, the present value ... Narsavva, had, in principle, accepted the Actuary's multiplier table method (comprising a methodology in which the actuary takes into account both
also two assessments made on the trustee, one in respect of the actuarial valuation of the life interest under Sub-section (1) of Section ... other in respect of the actuarial valuation of the totality of the beneficial interest in the remainder as if it belonged to one individual under
anticipated and it was ascertained on the basis of the actuary's certificate only during the year. But this case of the assessee ... anticipated and the same could be ascertained on the basis of the actuary's certificate only during the current year and the provision
with effect from December 1, 1975. The assessee also got its actuarial liability determined through an actuary, Sri. P. S. Sundaram. The actuary ascertained ... force of the Payment of Gratuity Act, 1972 , and pending determination by actuarial valuation of its liability under that Act, the appellant made a provision
assessee claimed deduction on account of liability towards gratuity as per actuarial valuation; the assessee also claimed deduction on account of liability towards pension fund ... actuarial valuation. Claim for deduction was made by the assessee towards labour welfare expenses also. It was further claimed, during the course of reassessment enquiry
case may be ; and in evaluating the wealth, the actuarial valuations will have to be taken into consideration and in a case where there ... held by the Bombay High Court that it is always possible by actuarial calculations to assess the present worth of a life interest such
used in death duty cases, pension cases and in cases where actuarial considerations are relevant like life insurance policies. In motor accident cases ... cent interest ....". The calculations were not to be confused with "actuarial". The ratio in the Singapore case is adopted for our discussion
amount credited to the said account is determined by adopting the actuarial valuation of its estimated liability, it would be a provision ... every year of service but the company can work out on an actuarial valuation its estimated liability (i.e., discounted present value of the liability
annual contribution to the family is to be arrived at. Then an actuarial multiplier suitable to the age of the deceased has to be applied ... from the Actuarial Multiplier Table arrived at in Bhagwandas v. Mohd. Arif 1987 (2) ALT 137. To the said sum may be added such sums