Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2022 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (7) TMI 1322 - HC - Income TaxLook Out Circular (LOC) issued against petitioner - seeking permission to travel abroad - categories of cases in which the investigating agency can seek recourse of Lookout-Circular and under what circumstances - procedure required to be followed by the investigating agency before opening a Lookout-circular? HELD THAT:- Keeping in view the aforesaid averments as well as the law laid down by this Court in Sumer Singh Salkan vs. Assistant Director & Ors.. [2010 (8) TMI 1083 - DELHI HIGH COURT] Petitioner states that he would approach the Trial Court for cancellation of the Lookout Circular as well as for permission to travel abroad. We, accordingly, grant liberty to the Petitioner-applicant to approach the Trial Court, which Court shall consider the application for cancellation of Lookout Circular as well as for permission to travel abroad in accordance with law. In the event such an application is filed before the Trial Court within a week, the same shall be disposed of as expeditiously as possible, preferably, within four weeks. This Court clarifies that it has not commented on the merits of the controversy. The rights and contentions of all the parties are left open.
|