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Section 20: Income accounted on cash basis

The Karnataka Municipalities Accounting and Budgeting Rules, 2006.State Rules of Karnataka · 1964

Incomes which do not fulfil the criteria of accrual as mentioned in rule 19 above, shall be accounted as and when they are actually collected or received by the Municipality.

CHAPTER 5 GENERAL PROCEDURE FOR ACCOUNTING OF RECEIPTS

Where this provision sits

ActThe Karnataka Municipalities Accounting and Budgeting Rules, 2006.
Section20
Marginal noteIncome accounted on cash basis
JurisdictionState of Karnataka
StatusIn force as published by the source

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