section 40
Depreciation Fund.
The Goa Tillari Irrigation Development Corporation Act, 1999Infrastructure199967 sections7 chapters
Chapter VI FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Corporation may make provisions for depreciation fund at such rates and on such terms as may be specified by the Comptroller and Auditor General of India, and in consultation with the State Government.
- (2) The net profit for the purpose of section 38 shall be determined after such provision has been made.
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