Section 60 in The M.P. Gram Panchayats (Accounts) Rules, 1999
60. Physical verification.
- Physical verification of the items of stores/dead stock shall be carried out on a periodic basis and atleast once in a year by the General Administration Committee shortages/excess, if any detected on verification shall be recorded in the register duly signed and dated by the verifying authority. The reasons for the shortages shall be investigated and brought to the notice of the Panchayat for recovery/appropriate action.
