CWP 1215of 2007

1

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH

CWP No. 1215 of 2007

Date of decision 15.3 .2007

Shashi Pal Mehra

.. petitioner

Versus

Union of India and another

.. Respondents

CORAM:

HON'BLE MR. JUSTICE M.M. KUMAR

HON'BLE MR. JUSTICE RAJESH BINDAL

PRESENT: Mr. SK Mukhi, Advocate for the petitioner

M.M.Kumar, J.

This petition filed under Article 226 of the Constitution is

directed against the order dated 13.9.2005 passed by the Commissioner of

Income Tax II Amritsar in respect of the assessment year 1998-99 denying

the petitioner the waiver of penalty imposed under Section 271(1)(c) of the

Income Tax Act,1961 (for brevity 'the Act') which has been sought by him

under Section 273(A) of the Act.

Brief facts of the case may first be noticed.

There is an assessee with the name of Shashi Pal Mehra who

claims to be a successful businessman and partner in many concerns with

turn of over crores. He also claims that his father who was associated with

various social and welfare activities and also associated as a financial

controller of various charitable trusts, died on 24.9.2002 and he alongwith

his brother Mr. Ravinder Pal Mehra inherite