Bare ActsThe Maharashtra Krishna Valley Development Corporation Act, 1996

Section 44

Depreciation Fund.

Amendment status not verified — confirm the current text below against the official source.

( 1 ) The Corporation may make provision for depreciation fund at such rates and such terms as may be specified by the Comptroller and Auditor General of India, and consultation with the State Government. ( 2 ) The net profit for the purpose of section 42 shall be determined after such provision has been made.

Section 44 – The Maharashtra Krishna Valley Development Corporation Act, 1996 | DailyLaw.ai