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Notification: S.O.3547

Section(s) Referred: 280ZB ,280ZB(2) ,280ZB(2)(i)

Statute: INCOME TAX

Date of Issue: 12/11/1965

In pursuance of clause (i) of the proviso to sub-section (2) of section 280ZB and of clause (i) of the proviso to sub-section (5) of section 280ZD of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the institutions mentioned below for the purposes of those clauses :—

1. The Industrial Development Bank of India, established under the Industrial Development Bank of India Act, 1964 (18 of 1964) ;

2. The Industrial Finance Corporation of India, established under the Industrial Finance Corporation Act, 1948 (15 of 1948) ;

3. All State Financial Corporations established under the State Financial Corporations Act, 1951 (63 of 1951) ;

4. The Industrial Credit and Investment Corporation of India Ltd ;

5. The Madras Industrial and Investment Corporation of India Ltd ;

6. Industrial Development Corporations established in India by State Governments ;

7. International Bank for Reconstruction and Development ;

8. International Finance Corporation, Washington ;

9. KREDITANSTALT FUR WIEDERAUBAU, West Germany ;

10. Agency for International Development, United States of America ;

11. Export-Import Bank, United States of America ;

12. Export-Import Bank, Japan ;

13. Ente Naxionale Idrocarburi, Italy ;

14. Medio Banca, SPA Milan, Italy ;

15. Compagnie Francaise d’ Assurance au Commerce Exterieur, France ;

16. Commonwealth Development Finance Company Ltd., London ;

17. ‘MEDIO CREDITO CENTRALE, ROME, ITALY’ ;

18. ‘OFFICE NATIONAL du DUCROIRE, Brussels.

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