Amendment of section 153.

35. In section 153 of the Income-tax Act, in Explanation 1, with effect from the 1st day of October, 2004,ó

ÝÝÝÝÝÝÝ (a)Ý in clause (v), for the words ìthat section,î, the words ìthat section, orî shall be substituted;

ÝÝÝÝÝÝÝ (b)Ý after clause (v) and before the words ìshall be exclud‚edî, the following clauses shall be inserted, namely:ó

Ý ì(vi)Ý the period commencing from the date on which an application is made before the Authority for Advance Rulings under sub-section (1) of section 245Q and ending with the date on which the order rejecting the application is received by the Commissioner under sub-section (3) of section 245R, or

ÝÝ (vii)Ý the period commencing from the date on which an application is made before the Authority for Advance Rulings under sub-section (1) of section 245Q and ending with the date on which the advance ruling pronounced by it is received by the Commissioner under sub-section (7) of section 245R,î.