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State of Madhya Pradesh - Section

Section 32 in The M.P. Janpad Panchayats (Accounts) Rules, 1999

32. Accounting of Grants.

(1)For all the grants received by the Panchayat a separate grant-wise receipt account shall be maintained in the General Ledger. Similarly, separate, account for the expenditure incurred out of each such grant shall be kept in the General Ledger under appropriate head.
(2)The Janpad Panchayat shall also keep a separate Register of grants in Form No. JP-7.