Amendment of section 35

Section 9 of the Finance Act, 2010 deals with amendment of section 35. Amendment of section 35. 9. In section 35 of the Income-tax Act, with effect from the 1st day of April, 2011,— (i ) in sub-section (1),— (a) for the words "scientific research association", wherever they occur, the words "research association" shall be substituted;

Amendment of section 35.

9. In section 35 of the Income-tax Act, with effect from the 1st day of April, 2011,—

(i ) in sub-section (1),—

(a) for the words "scientific research association", wherever they occur, the words "research association" shall be substituted;

(b) in clause (ii), for the words "one and one-fourth", the words "one and three-fourth" shall be substituted;

(c) in clause (iii),—

(A ) for the words "any sum paid to a university", the words "any sum paid to a research association which has as its object the undertaking of research in social science or statistical research or to a university" shall be substituted;

(B ) in the proviso, for the words "such university", at both the places where they occur, the words "such association, university" shall be substituted;

(ii ) in sub-section (2AA), in clause (a), for the words "one and one-fourth", the words "one and three-fourth" shall be substituted;

(iii ) in sub-section (2AB), in clause (1), for the words "one and one-half", the word "two" shall be substituted.

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Section 9, The Finance Act, 2010.