Amendment of section 153B.

37. In section 153B of the Income-tax Act, in sub-section (1), with effect from the 1st day of June, 2003,—

(i) in clause (a), for the word, figures and letter “section 153A”, the words, brackets, figures and letter “sub-section (1) of section 153A” shall be substituted and shall be deemed to have been substituted;

(ii) in the Explanation,—

(A) after clause (vi) and before the words “shall be excluded”, the following clause shall be inserted and shall be deemed to have been inserted, namely:—

“(vii) the period commencing from the date of annulment of a proceeding or order of assessment or reassessment referred to in sub-section (2) of section 153A till the date of the receipt of the order setting aside the order of such annulment, by the Commissioner,”;

(B) in the proviso, for the words, brackets and letters “clause (a) or clause (b) of this section”, the words, brackets and letters “clause (a) or clause (b) of this sub-section” shall be substituted and shall be deemed to have been substituted.