Notification of National Bank for Financing Infrastructure and Development for the purposes of 10(48D) of the Income tax Act, 1961

MINISTRY OF OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 18th April, 2022
INCOME – TAX
S.O. 1825(E).—In exercise of the powers conferred by clause (48D) of section 10 of the Income-tax
Act, 1961 (43 of 1961) the Central Government hereby notifies the National Bank for Financing Infrastructure and
Development, established under section 3 of the National Bank for Financing Infrastructure and Development Act,
2021 (17 of 2021), for the purposes of the said clause for a period of ten consecutive assessment years beginning from
the assessment year 2022-2023.
2. This notification shall come into force from the date of its notification in the Official Gazette.
[Notification No. 31/2022/F. No. 370142/17/2022-TPL]
NEHA SAHAY, Under Secy.