Section 40 in Damodar Valley Corporation Act, 1948
40. Provision tor depreciation and reserve and other funds.-
(1)The Corporation shall make provision for depreciation and for reserve and other funds at such rates and on such terms as may be specified by the Auditor-General of India in consultation with the Central Government.(2)The net profit for the purposes of section 37 shall be determined after such provision has been made.
