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<h1>Clarification of 'Discount' in Section 36(1)(iiia) of Income Tax Act 1961 for Bonds Issued by Infrastructure Entities.</h1> 'Discount' under clause (iiia) of sub-section (1) of section 36 of the Income Tax Act 1961 refers to the difference between the amount received or receivable by an infrastructure capital company, infrastructure capital fund, public sector company, or scheduled bank issuing a bond, and the amount payable by such entities upon the bond's maturity or redemption.