Section 31st(iii) in The M.P. Janpad Panchayats (Accounts) Rules, 1999
(iii)The total expenses incurred during the year out of a particular grant will be shown in the expenses side, however only that portion of the grant which was actually utilised during the year shall be shown as income and the balance amount, calculated as under, being the unspent grant be transferred to the balance sheet.
