Amendment of section 245A

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....) clause (ii) shall be omitted; (b) after clause (iii), the following clause shall be inserted, namely:— "(iiia) a proceeding for assessment or reassessment for any of the assessment years, referred to in clause (b) of sub-section (1) of section 153A in case of a person referred to in section 153A or section 153C, shall be deemed to have commenced on the date of issue of notice initiating ....

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....oceeding of assessment or reassessment for any of the assessment years referred to in clause (b) of sub-section (1) of section 153A and, in clause (b) of sub-section (1) of section 153B, in case of a person referred to in section 153A or section 153C, shall not be a proceeding for assessment for the purposes of this clause. It is proposed to omit clauses (ii) and (iii) of the proviso to clause ....