Assigned revenue from the Government such as duty on transfer of immovable properties shall be accounted on cash basis during the year. At the year end, any amount for which a sanction order has been received but the amount has not been received in the bank or treasury shall be accrued as income.
Section 69: Accounting of Assigned Revenues
The Karnataka Municipalities Accounting and Budgeting Rules, 2006.State Rules of Karnataka · 1964
Where this provision sits
| Act | The Karnataka Municipalities Accounting and Budgeting Rules, 2006. |
|---|---|
| Section | 69 |
| Marginal note | Accounting of Assigned Revenues |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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