(a) The items of expenditure which shall be debited and the items of receipts which shall be credited to the revenue section of the fund account shall be as follows:- 2 2
(i) Items of expenditure-
(1) Salary of staff employed.
(2) Allowances, pensionary contributions and cost of conveyance or hire of vehicles for the officers and servants appointed for the preparation and execution of development plan
(3) Survey charges.
(4) Contingencies and equipment renewals.
(6) Law charges
(6) Interest on loans.
(7 Stationery, printing and notification expenses and cost of preparation of maps and maintenance of records and registers
(ii) Items of receipt-
(a) Rent of lands included in scheme.
(b) Ground-rent.
(c) Produce from lands
(d) Interest on investments
(e) Law charges recovered.
(f) Sundry receipts including sale-proceeds of copies of maps
(b) The items of expenditure which shall be debited and the items of acpts which shall be credited to the capital section of the fund account shall be as follows:-
(i) ltems of expenditure-
(1) Cost of acquisition of land, buildings, ete,
(2) Cost of works of improvement provided in development plans
(3) Repayment of loans (Sinking Fund charges).
4) Investments.
5) Compensation for injurious affection.
(6) Advances made.
(7) Miscellaneous-
(1) Cost of preparation of schemes including special surveys
(2) Cost of Tribunal including staff and contingencies
(8) Expenses of enforcement.
(ii) Items of receipts-
(a) Receipt under-
(i) Receipts from the development charges levied under section 59.
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(ii) Other receipts from the schemes implemented by the Authority including remunerative enterprises.
(ii) Receipts from interests on investment loans advances and rents.
(iv) Receipts from grants from the Government or the State Town and Country Planning and Development Fund
(v) Receipts from local authorities under sub-section (3) of section 65.
(vi) Other miscellaneous receipts under the Act.
(vii) Deduct-Refunds.
(b) Recoveries under loans and advances account
(c) Loans raised by the Authority-
(i) Loans and advances from the State Town and Country Planning Fund.
(ii) Loans and advances from the State Government.
(iii) Other loans.
(d) Deposits-
(i) Security deposit.
(ii) Other deposits.
6. Auditing of the accounts- The accounts of the planning hority shall be audited once a year by the auditor appointed by ahe Government under sub-section (2) of section 69 of the Act.