FUNDS RECEIVED FROM OTHER SOURCES·ACCOUNTING PROCEDURE
KRISHI BHAVAN, NEW DELHI·II0001
INDIAN COUNCIL OF AGRICUTURAL RESEARCH
All Directors of Research lnstitutesIPDslNRCs under lCAR.
Dated 9th October, 2001
Funds received form other sources·····Procedure for Accounting.
Reference is invited to Council's letter of even number dated 10th March, 1998 on the
above subject. It is stated that instructions regarding procedure for accounting of funds received
from other sources have been issued from time to time. But it has been noticed that the same is
not being followed by the most of the institutes resulting in serious objection by the Audit party.
It is once again requested that the instruction contained in the Council's letters referred to above
(copies enclosed for ready reference) may be followed strictly.
Dy. Director (Fin.)
Copy forwarded to:-
All DDGs, ADGs, lCAR, Krishi Bhavan/KAB-l & II, Pusa
All Dy. Secys./Dy. DirectorslUnder Secretaries of lCAR
Sf. F & AOs, F & AO'S lCAR, Kirshi Bhavan/KAB
All Sections, Krishi Bhavan/KAB-l & II
PPS to DG/PS to Chairman, ASRBIPS to Secretary/PS to FA/PA to Director
INDIAN COUNCIL OF AGRICULTURAL RESEARCH
KRISHI BHAVAN: NEW DELHI 110001
F.No. 1 (20)/95-Budget
Dated 10th march, 1998
The Directors of all Research InstituteslPDSINRCS
Funds received from other sources----procedure for accounting
The accounting procedure in respect of funds received from other sources has been
reviewed time and again and the Council had issued OM No. 1-33/86 Budget dated 29th June
1987 and also the office order No.6-8/89 Cdn (A&A) dated 9th Jan., 1995 in this regard. This
issue was further reviewed and the procedure was streamlined vide Council's letter No.,l (20)
/95-Budget dated 5th June 1996. Some Institutes/foreign organizations have, however been
facing difficulty in directing the remittance in foreign currency direc