vadanti - they say; tat - that; tattva-vidaḥ - learned souls; tattvam - the Absolute Truth; yat - which; jñānam - knowledge; advayam - nondual; brahma - Brahman; iti - thus; paramātmā - Paramātmā; iti - thus; bhagavān - Bhagavān; iti - thus; śabdyate - is known.

“Learned transcendentalists who know the Absolute Truth say that it is nondual knowledge and is called impersonal Brahman, the localized Paramātmā and the Personality of Godhead.”