Section 80MM amendment removes residency carve-out and omits subsection (2A), altering deduction eligibility under Income-tax Act. Amendment of Section 80MM, effective 1 April 1975, omits the words and brackets referring to a resident person (other than a company) in subsection (1) and deletes subsection (2A), thereby narrowing the textual scope of the deduction provision and changing the provision's applicability under the Income-tax legislation.