IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, CHANDIGARH BEFORE SHRI H.L.KARWA, VICE PRESIDENT AND MS. RANO JAIN, ACCOUNTANT MEMBER C.O.NOS.37 & 38/CHD/2014 ARISING OUT OF ITA NOS. 586 & 587/CHD/2014 (ASSESSMENT YEARS : 2009-10 & 2010-11 ) M/S PADMAWATI STEEL LTD., VS. THE D.C.I.T., SANGRUR ROAD, DIRBA DISTT. CIRCLE SANGRUR, SANGRUR. SANGRUR. PAN: AACCP3844Q (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI N.K. GARG RESPONDENT BY : SHRI S.K. MITTAL, DR DATE OF HEARING : 05.05.2016 DATE OF PRONOUNCEMENT : 09.05.2016 O R D E R PER RANO JAIN, A.M . : THE LEARNED COUNSEL FOR ASSESSEE SEEKS PERMISSION TO WITHDRAW THE CROSS OBJECTIONS FILED A GAINST THE APPEALS OF THE REVENUE IN ITA NOS.586 & 587/CHD/2014. ENDORSEMENT TO THAT EFFECT HAS BEEN MADE ON THE APPEAL PAPERS. 2. THE LEARNED D.R. DID NOT HAVE ANY OBJECTION TO THE WITHDRAWAL OF THE CROSS OBJECTION. 2 3. IN VIEW OF THE SUBMISSIONS MADE BY THE LEARNED COUNSEL FOR ASSESSEE, THE CROSS OBJECTION FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, THE CROSS OBJECTION FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 9 TH DAY OF MAY, 2016. SD/- SD/- (H.L.KARWA) (RANO JAIN) VICE PRESIDENT ACCOUNTANT MEMBER DATED : 9 TH MAY, 2016 *RATI* COPY TO: THE APPELLANT/THE RESPONDENT/THE CIT(A)/THE CIT/THE D R. ASSISTANT REGISTRAR, ITAT, CHANDIGARH