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<h1>Tax Breaks Expanded for Scientific Research: Section 35 Amendment Boosts Deductions for Universities, IITs, and National Labs &DSupport</h1> The amendment modifies section 35 of the Income-tax Act, effective April 1, 1995, to expand tax benefits for scientific research. It includes universities and Indian Institutes of Technology alongside national laboratories for research-related deductions. The amendment provides detailed definitions for national laboratories, universities, and institutes, specifying their recognition by various scientific and research organizations. The changes aim to broaden the scope of tax incentives for research and development activities across different educational and scientific institutions.