1975 (7) TMI 64 - GAUHATI HIGH COURT

Extract:
.......olding that for the purpose of calculation of penalty the difference between the tax on the incomes shown in the first returns and the tax on the incomes assessed shall be taken as the amounts of tax that would have been avoided. In the result both the questions of law are answered in the affirmative and against the assessee. D. M. SEN J.--I agree.