I gather that the NAD T748 has HDMI v1.4 ports that were advertised in 2011 as “3D Ready”. So it’s old, but that’s OK - I expect you’ve got a 1080p HD TV plugged into the HDMI out port of the T748, and I would think that the ATV4K should plug into one of the T748’s HDMI inputs and believe it’s connected to a 1080p TV. In other words, the ATV4K’s 2.0 or 2.1 HDMI should be backward compatible and show up as a valid input on the T748.
OTOH, if you’ve got a UHD/4K TV plugged in to the ARC / HDMI OUT port on the T748, then you should plug the ATV4K into one of your TV’s available HDMI inputs.