CHAPTER III
DIRECT TAXES
Income-tax
Amendment of section 80GGA.
26. In section 80GGA of the Income-tax Act, in sub-section (2), with effect from the 1st day of April, 2011,—
(a) in clause (a), for the words "scientific research association", the words "research association" shall be substituted;
(b) in clause (aa),—
(A) for the words "to a University", the words "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", the words "such association, University" shall be substituted;
(C) in the Explanation, for the words "scientific research association", the words "research association" shall be substituted.
Notes on Clauses:
Clause 26 of the Bill seeks to amend section 80GGA of the Income-tax Act relating to deduction in respect of certain donations for scientific research or rural development.
Clause (aa) of sub-section (2) of the aforesaid section provides that donations made to a university, college or other institution to be used for research in social science or statistical research qualify for deduction under that section provided such university, college or institution is approved for the purposes of clause (iii) of subsection (1) of section 35.
It is proposed to amend the aforesaid clause so as to also include a research association which has as its object undertaking of research in social science or statistical research and which for the time being is approved for the purposes of clause (iii) of sub-section (1) of section 35. Accordingly, any sum paid to such research association will be eligible for deduction under the aforesaid section.
This amendment will take effect from 1st April, 2011 and will, accordingly, apply in relation to the assessment year 2011-2012 and subsequent years.
