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[Cites 0, Cited by 0] [Section 34] [Entire Act]

State of Madhya Pradesh - Subsection

Section 34(1) in The M.P. State Road Transport Corporation Rules, 1962

(1)Major head "Revenue" shall cover the transactions of income and expenditure of a recurring nature. The income shall be divided into the following two minor heads:-
(i)Traffic Revenue Passenger Bus Service.
(ii)Other Revenue.
The expenditure shall be divided into the following twelve minor heads:-
(a)Traffic,
(b)Repairs and Maintenance.
(c)Oiwer
(d)Licences and Taxes.
(e)Welfare and Superannuation.
(f)General and Administrative Expenses:
(g)Depreciation.
(h)Interest and Debt Charges.
(i)Income-Tax.
(j)Provisions for future contingencies.
(k)Contribution to Funds.