11 THEREFORE, WE UPHOLD THE ORDER OF CIT(A) AND DISMIS S THE GROUND NO.2 OF THE REVENUES APPEAL. C.O. NO. 53/CHD/2011 13. AT THE TIME OF HEARING, SHRI SUDHIR SEHGAL, LD. COUNSEL FOR THE ASSESSEE DID NOT PRESS FOR THE GROUNDS RAISED IN TH E CROSS OBJECTION AND ACCORDINGLY, WE DISMISS THE SAME AS NOT PRESSED. 14. IN THE RESULT, APPEAL OF THE REVENUE AND CROSS OBJECTION OF THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 21 ST DAY OF SEPTEMBER, 2011. SD/- SD/- (MEHAR SINGH) (H.L.KARWA) ACCOUNTANT MEMBER VICE PRESIDENT DATED : 21 ST SEPTEMBER, 2011 RKK COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR TRUE COPY BY ORDER ASSISTANT REGISTRAR, ITAT, CHANDIGARH