360 60hz tv problem

Seems I have a problem with either my xbox 360 or tv. I am assuming it is the tv though.

When I switch the xbox 360 the tv starts to clip some of the picture. Like the picture is too big for the screen. It is not much that it clips but in games where you have scores or speeds or times on the sides, it is annoying as you cannot see them completely.

Is there anything I can do as I have a few games in 60hz.

My tv is less than a year old and it says on the back "50Hz"

I have tried all the settings for screen size and some fit it in width ways but then dont fit it in height ways and vice versa.

Someone please help :(

I heard any tv made in the last 7 years has support for 60hz signals. Have you changed the settings to PAL-60 on the Xbox 360? Is the Xbox 360 set to widescreen?
-Xiofire