{"act":{"id":"finance-act-2022","short_title":"The Finance Act, 2022","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2022-2023.","act_number":"6","act_year":2022,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":134,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2022/"},"unit":"section","section":{"number":"11","heading":"Amendment of section 35","text":"Amendment of section 35. 11.  In section 35 of the Income-tax Act, in sub-section (1A), for the words, brackets, figures and letter \"the research association, university, college or other institution referred to in clause (ii) or clause (iii) or the company referred to in clause (iia) of sub-section (1) shall not be entitled to deduction under the respective clauses of the said sub-section\", the words, brackets, figures and letter \"the deduction in respect of any sum paid to the research association, university, college or other institution referred to in clause (ii) or clause (iii), or the company referred to in clause (iia) of sub-section (1), shall not be allowed\" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2021.","html":"<p><b>Amendment of section 35.</b></p><p><b>11. </b> In section 35 of the Income-tax Act, in sub-section (1A), for the words, brackets, figures and letter \"the research association, university, college or other institution referred to in clause (<i>ii</i>) or clause (<i>iii</i>) or the company referred to in clause (<i>iia</i>) of sub-section (1) shall not be entitled to deduction under the respective clauses of the said sub-section\", the words, brackets, figures and letter \"the deduction in respect of any sum paid to the research association, university, college or other institution referred to in clause (<i>ii</i>) or clause (<i>iii</i>), or the company referred to in clause (<i>iia</i>) of sub-section (1), shall not be allowed\" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2021.</p>","words":129,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2022/section/11/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}