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State of Madhya Pradesh - Section

Section 33 in The M.P. State Road Transport Corporation Rules, 1962

33. Major head Capital.

- The Major head "Capital" shall record receipts and expenditure on capital account separately. It shall also record all contributions towards capital received from the State Government and the Central Government as well as the share capital. If any, raised under Sections 23 and 24, of amounts borrowed under Section 26 of the Act, and capital expenditure to represent all expenditure incurred in acquiring assets for the purpose of earning income or increasing the earning capacity of the Corporation including charges in creating and bringing the assets into beneficial use.