Section 110(1) in The U.P. Kshettra Panchayats And Zila Panchayats Adhiniyam, 1961
(1)The Karya Samiti, [of the Zila Panchayat] [Inserted by U.P. Act No. 9 of 1994.] shall, in consultation with the Vitta Samiti, in the manner prescribed and with due regard to the provisions of the proviso to sub-section (1) of Section 99, prepare every year before such date as is fixed by rule in this behalf, a complete account of its actual and expected receipts and expenditure for the year ending on the thirty-first day of March, next following such date, together with a budget estimate for the year commencing on the first day of April next following.
