IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH,CHANDIGARH BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND MS.RANO JAIN, ACCOUNTANT MEMBER CO NO. 5/CHD/2014 IN ITA 1105/CHD/2013 ASSESSMENT YEAR: 1998-99 SHRI ASHOK KUMAR MONGA, VS THE ITO, C/O M/S ASHOKA HOSIERY P.LTD., WARD-11(1) SUNDER NAGAR, LUDHIANA. LUDHIANA. PAN: ABQPM88334M (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI S.C.JAIN RESPONDENT BY : SHRI MANJIT SINGH DATE OF HEARING : 08.10.2015 DATE OF PRONOUNCEMENT : 08.10.2015 O R D E R PER BHAVNESH SAINI,JM THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE EFFECTIVE GROUNDS OF APPEAL RAISED IN THE CROSS OBJ ECTION HAVE ALSO BEEN RAISED BY ASSESSEE IN ASSESSEE'S APP EAL WHICH WAS FIXED ALONGWITH DEPARTMENTAL APPEAL TODAY . 2. THE APPEAL OF THE ASSESSEE AND DEPARTMENTAL APPE AL HAVE BEEN ADJOURNED SEPARATELY ON THE REQUEST OF TH E LD. DR. THE LD. COUNSEL FOR THE ASSESSEE, THEREFORE, 2 SUBMITTED THAT HE WOULD BE ARGUING THE SIMILAR GROU NDS IN ASSESSEE'S APPEAL, THEREFORE, DID NOT PRESS THE PRESENT CROSS OBJECTION. 3. IN VIEW OF THE ABOVE, THE CROSS OBJECTION OF THE ASSESSEE IS DISMISSED AS NOT PRESSED. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (RANO JAIN) (BHA VNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBE R DATED: 8 TH OCT.,2015. POONAM COPY TO: THE APPELLANT, THE RESPONDENT, THE CIT(A), THE CIT, DR ASSISTANT REGISTRAR, ITAT CHANDIGARH