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of <h1>National Commodity and Derivatives Exchange, Mumbai Recognized for Tax Purposes; Subject to Rules 6DDC and 6DDD Compliance.</h1> The Central Government, under the powers conferred by the Income-tax Act, 1961, has recognized the National Commodity and Derivatives Exchange Limited, Mumbai as a recognized association for specific tax purposes. This recognition is effective from the date of publication in the Official Gazette. The recognition may be withdrawn if the conditions outlined in rule 6DDC of the Income-tax Rules, 1962, are violated. The notification remains valid until the approval by the Forward Markets Commission is withdrawn, expires, or the Central Government rescinds it under rule 6DDD of the Income-tax Rules, 1962.
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