Amendment status not verified — confirm the current text below against the official source.
In section 43D of the Income-tax Act, with effect from the 1st day of April, 2025,-- (i) in the marginal heading, the words "public companies," shall be omitted; (ii) clause (b) shall be omitted; (iii) in the long line, the words "or the public company" shall be omitted; (iv) in the Explanation, clauses (a) and (b) shall be omitted.