Amendment of section 43D.

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....eposit taking non-banking financial company" shall be inserted; (ii) in the long line, after the words "State industrial investment corporation or", the words "a deposit taking non-banking financial company or a systemically important non-deposit taking non-banking financial company or" shall be inserted; (iii) in the Explanation, after clause (g), the following clause shall be inserted, namel....

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....tion, the income by way of interest in relation to certain prescribed categories of bad or doubtful debts shall be chargeable to tax when it is actually received or when it is credited to the profit and loss account of such entity, whichever is earlier. It is proposed to amend the said section so as to insert reference of a deposit-taking non-banking financial company or a systemically important ....