Amendment of section 482.

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....ax, which would have been evaded if the statement or account had been accepted as true, exceeds fifty lakh rupees; or (b) with simple imprisonment for a term up to six months, or with fine, or with both, where the amount of tax, which would have been evaded if the statement or account had been accepted as true, exceeds ten lakh rupees but does not exceed fifty lakh rupees; or (c)....

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....e, with rigorous imprisonment for a term which shall not be less than three months but which may extend to two years, and with fine. It is proposed to amend said section so as to change the punishment thereunder as below: (a) with simple imprisonment for a term up to two years, or with fine, or with both, in a case where the amount of tax, which would have been evaded if the statement ....