Amendment of section 11.

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....on that such voluntary contributions are invested or deposited in one or more of the forms or modes specified in sub-section (5) maintained specifically for such corpus" shall be substituted; (ii) after Explanation 3, the following Explanations shall be inserted, namely:-- "Explanation 4.--For the purposes of determining the amount of application under clause (a) or clause (b),--....

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.... religious purposes: Provided that the amount not so treated as application, or part thereof, shall be treated as application for charitable or religious purposes in the previous year in which the loan or borrowing, or part thereof, is repaid from the income of that year and to the extent of such repayment. Explanation 5.--For the purposes of this sub-section, it is hereby clarif....