In the High Court of Punjab and Haryana at Chandigarh … WTR 71 to 76 of 1992 Date of decision:7.12. 2006 The Commissioner of Wealth-tax, Jalandhar Petitioner Versus Mehnga Singh .Respondent Coram: Hon’ble Mr.Justice Adarsh Kumar Goel Hon'ble Mr.Justice Rajesh Bindal Present: Dr. N. L. Sharda,Advocate for the Revenue .. ORDER: Following question of law has been referred for opinion of this Court by the Income-tax Appellate Tribunal, Amritsar Bench, Amritsar, arising out of its order dated 27.8.1990 in WTA Nos.21 to 26(ASR)/1987 in respect of assessment years 1968-69 to 1973-74:- “Whether on the facts and circumstances of the case, the Tribunal was right in law in upholding the order of the AAC,in which the AAC has cancelled the penalties levied by the WTO u/s 18(1)(a) of the Wealth-tax Act,1957 ? While deciding WTR Nos.64 to 70 of 1992 today in assessee's own case for these very assessment years in quantum proceedings, the issue has been decided against the revenue and in favour of the assessee. Accordingly, there would be no question of levy of penalty, being consequential. Accordingly, the question referred is answered against the revenue and in favour of the assessee. (Rajesh Bindal) Judge December 7,2006 (Adarsh Kumar Goel) nk Judge