Section Text
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.