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of <h1>Definition of 'Erstwhile Public Sector Company' under clause (d) of subsection (1), section 72A, Income Tax Act 1961</h1> An 'Erstwhile Public Sector Company' refers to a company that was previously classified as a public sector entity in earlier years but has since transitioned out of this status due to strategic disinvestment by the government. This definition is pertinent under clause (d) of subsection (1) of section 72A of the Income Tax Act 1961.
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