Hi, lvnilesh. You are correct.
What is different in 3.5 is that we added the infrastructure to allow for choosing what does and does not get passed to EB by use of hooks and filters. We didn’t want to change the entire plugin when it works correctly for most users. If you put the snippet in your tribe-events folder in a child theme (as described in the Themer’s Guide linked in the sidebar), you won’t have to worry about it being overwritten in the future.
Please let me know if you have any questions in reviewing that, and thanks for your patience! 🙂