National Bank for Agriculture and Rural Development established under section 3 of the National Bank for Agriculture and Rural Development Act, 1981 approved for the purpose of section 36(1)(xii)

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..... NT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 25/2014 NEW DELHI Dated: April 29, 2014 In exercise of the powers conferred by clause (xii) of sub-section (1) of section 36 of the Income-tax Act, 1961 (43 of 1961) , the Central Government hereby notifies for the purposes of the said clause, the National Bank for .....

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..... unt of the expenditure claimed under the said clause is maintained by the National Bank for Agriculture Rural Development. 2. This notification shall be applicable with effect from Assessment Year 2013-14 onwards, relevant to F.Y 2012-13 in which the application seeking notification u/s 36(1)(xii) of the Income Tax Act, 1961 was filed. [F. NO. 225/229/2013/ITA.I] - Notification .....

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