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    <title>Notified Corporation for the purpose of Section 36(1)(xii)</title>
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    <description>Hyderabad Urban Development Authority is notified as a Notified Corporation for the purposes of clause (xii) of subsection (1) of section 36 of the Income tax Act, 1961, subject to conditions: expenditure must be for objects authorized by the Andhra Pradesh Urban Areas (Development) Act, 1975; not be capital expenditure; not be deductible under any other provision of the Income tax Act; and a separate account of such expenditure must be maintained. The notification is effective from 1 April 2008 for assessment year 2008-09 onward.</description>
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