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State of Madhya Pradesh - Section

Section 24A in The M.P. Entertainments Duty and Advertisements Tax Rules, 1942

24A. [ Period and principal for paying annual grant in aid. [Inserted by Notification No. 227-1529-V-SR, dated 20-1-1962.]

(1)Under sub-section (2) of Section 12 of the Act the annual grant-in-aid shall be paid for the period commencing from the 1st day of November, 1957 and ending on the [31st day of March, 1964].
(2)The amount of annual grant-in-aid payable to a local authority under sub-section (2) of Section 12 of the Act shall be equivalent to ninety per cent of the proceeds of the entertainment duty or tax levied and collected by such local authority in the financial year commencing on the 1st of April, 1956 :Provided that the period from the 1st November, 1957 to the 31st March, 1958, the amount of such grant shall be 5/12 of such annual grant.]