section 38
Disposal of profits and deficits.
The Goa Tillari Irrigation Development Corporation Act, 1999Infrastructure199967 sections7 chapters
Chapter VI FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) Subject to the provisions of sub-section (2) of section 40 of this Act, the net profit, if any, attributable to each of the main objects shall be fully credited to the Corporation.
- (2) The net deficit, if any, in respect of the objects shall be solely borne by the State
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