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Tanish Bhutani (16 Points)

06 January 2021

what is vote on account

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 06 January 2021

Vote on account is just an interim permission to spend money as against a full Budget which is an elaborate financial statement of expenditure and receipts. ... The constitution says that no money can be withdrawn by the government from the Consolidated Fund of India except under appropriation made by law.

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