Section 9 - Amendment of section 35 - Finance Act, 2010

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.