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State of Tamilnadu - Section

Section 19 in Regulations made under the Tamil Nadu Bhoodan Yagna Act, 1958

19. Audit of the accounts of the Sarvodaya Panchayat.

- The accounts of the Sarvodaya Panchayat shall be audited either by the Extension Officer (Co-operation) or Extension Officer (Panchayat) of the block every year before the end of the month of May, free of cost and a certificate issued by him together with the audited statements.In the case of Sarvodaya Panchayat situated outside the blocks, the nearest block officers will attend to the audit. All funds, which the panchayat shall be deposited in a bank approved by the Government or th e State Board.