Hi Akash, That was the first thing I did, when I tried to Import...
I ran Update then, and just ran it again. Pop up box says: "Your Software is up to date. No updates are available at this time."
Just ran a Compatibility Update via Right Click on LR Icon on my screen: under Security, I found the Compatibility option.
Hit Windows 7, Apply, OK...it ran for a split second.
Reopened my LR and it is now Working! Import is available.
No idea why it glitched...thanks for your response and maybe my stumbled upon 'fix' will help others.
Thank You, motordavid