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 on such terms as may be specified by the Comptroller and Auditor General of India and in consultation with the Government. (2) The net profit for the purpose of section 35 shall be determined after such provision has been made. Disposal of profits and deficits. Government as guarantee. Sanction of the budget estimates. Interest, charges and other expenses to be added to and receipts taken for reduction of capital costs. Depreciation Fund. 22 [Act No.1 of 1998]