Amendment of section 115JB.

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....the words "eighteen per cent.", at both the places where they occur, the words "eighteenand one-half per cent." shall be substituted;  (ii) in sub-section (6) [as so inserted by the Special Economic Zones Act, 2005], (28 of 2005). The following proviso shall be inserted, namely:- "Provided that the provisions of this sub-section shall cease to have effect in respect of any previous year....

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....tion (1) of the aforesaid section to provide that if the income-tax payable on the total income as computed under the Income-tax Act in respect of any previous year relevant to the assessment year commencing on or after the 1st day of April, 2012 is less than eighteen and one-half per cent. of its book profit, such book profit shall be deemed to be the total income of the assessee and the tax paya....