Consolidated Fund of India; and (b) the sums required to meet other expenditure proposed to be made from the Consolidated Fund of India, and shall ... charges for which the Government of India is liable including interest, sinking fund charges and redemption charges, and other expenditure relating to the raising
invested in any such annuity being a terminable annuity unless a sinking fund has been established in connection with such annuity; but nothing in this
Consolidated Fund of the State; and (b) the sums required to meet other expenditure proposed to be made from the Consolidated Fund of the State ... debt charges for which the State is liable including interest, sinking fund charges and redemption charges, and other expenditure relating to the raising of loans
profit and loss account.
(6) Proposed additions to reserves.
(7) Sinking funds.
However, for the purpose of computation of capital of a
company under ... advanced Accountancy, 27th Edn. p.678,
the nature of a Sinking Funds is explained as under;
"Sinking Fund. - A Sinking Fund is
a fund
debt charges for which the Federation is liable, including interest, sinking fund charges and redemption charges, and other expenditure relating to the raising of loans
less the 3… sums set apart by the Commissioners as a sinking fund for the purpose of paying off the loans contracted under the authority ... foot-note 3 on page 12, ante. 24. Establishment of sinking fund.-
(1) The Commissioners shall, in respect of each loan contracted by them
The Gujarat Maritime Board Act, 1981
GUJARAT
India
The Gujarat Maritime Board Act, 1981
Act
The Orissa Port Trust Act, 1962
ODISHA
India
The Orissa Port Trust Act, 1962
Act
Gujarat Provincial Municipal Corporations Act, 1949
113. Investment of sinking fund.
(1) All money paid into a sinking fund shall within one month ... respect of any such investment shall be paid into the sinking fund and shall, within one month of receipt, be invested in the manner prescribed
reserves and moreover, the disputed fund was a breach of the Contingency Reserve Fund. Coming to the Contingency Reserve Fund, it was urged on behalf ... fund ; a depreciation fund merely maintains the net assets at their original book value.
The amounts allocated to a sinking fund are debited to profit
