Amendment status not verified — confirm the current text below against the official source.
Audit of Accounts of Gram Panchayats.-- (1) The audit of the accounts of a Gram Panchayat shall he carried out by the authority as may be prescribed by the State Government and a copy of the audit report shall be forwarded to the Gram Panchayat within one month of the completion of the audit. (2). On receipt of the audit report referred to in sub-section (1), the Gram Panchayat shall either remedy the defects or irregularities which have been pointed out in the audit and send to the Panchayat Samiti within three months an intimation of its having done so or shall, within the said period, supply any further explanation to the prescribed authority in regard to such defects or irregularities as it may wish to give. THE PUNJAB PANCHAYATI RAJ ACT, 1994 79 CHAPTER - VI CONSTITUTION OF PANCHAYAT SAMITIS AND CONDUCT OF THEIR BUSINESS