Amendment of section 43D.

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....ural development bank or" shall be inserted; (ii) in the long line, after the words "scheduled bank or", the words "a co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank or" shall be inserted; (iii) in the Explanation, after clause (f), the following clause shall be inserted, namely:- '(g) "co-operative bank", "....

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..... It is proposed to amend the said section so as to provide that the interest income in relation to certain categories of bad or doubtful debts received by a co-operative bank other than a primary agricultural credit society or a primary cooperative agricultural and rural development bank shall also be chargeable to tax in the previous year in which it is credited to its profit and loss account f....