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State of Rajasthan - Section

Section 24 in The Rajasthan Charitable Endowments Rules, 1961

24. Annual balance sheet.

- At the close of the year, an annual balance sheet be prepared showing total receipts and expenditure under each head of the account and opening and closing balances. The balance sheet shall be signed by the secretary and the president and shall be considered and passed by the Committee. It shall also be accompanied by an annual report showing the financial and administrative activities of the trust during the year.