Section 27 in Tamil Nadu Panchayats (Preparation and Submission of Administration Reports of Panchayat Union Councils and District Panchayats) Rules, 1999
27. Debt. - Debt in the beginning of the year, incurred during the year, repaid during the year and balance at the close of the year. Total interest paid on debt on account of the arrears of previous year and for the year under reports.
