Tax deduction amendment expands eligible bond issuers, revises housing development definition, and removes commodities transaction deduction.

Section 36 is amended to (a) include scheduled banks alongside public sector companies in the Explanation defining discount for bond issuers; (b) substitute a streamlined expression housing development for prior housing-related wording in the Explanation governing special reserve deductions for eligible businesses; and (c) omit the clause allowing deduction for commodities transaction tax paid on taxable commodities transactions. The changes alter issuer scope for discount treatment, refine housing-eligibility for reserve deductions, and remove the commodity tax deduction.

---

---

---