section 44
Depreciation fund.
The Vidarbha Irrigation Development Corporation Act, 1997Infrastructure199771 sections7 chapters
Chapter VI FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Corporation may make provision 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 42 shall be determined after such provision has been made.
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