https://www.taxtmi.com/caselaws?id=435931 The court quashed the Look Out Circular (LOC) issued against the Petitioner, citing non-compliance with the Office Memorandum requiring periodic review. Despite the Petitioner's cooperation in the investigation and payment of 20% of the demand, the LOC remained in effect since 2019 without proper review. With no prosecution initiated and assessment orders challenged, the court found the LOC unjustified and ordered its cancellation, directing the Respondent to inform immigration authorities accordingly. en-us Wed, 22 Mar 2023 00:00:00 +0530 Wed, 29 Mar 2023 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435931 The court quashed the Look Out Circular (LOC) issued against the Petitioner, citing non-compliance with the Office Memorandum requiring periodic review. Despite the Petitioner's cooperation in the investigation and payment of 20% of the demand, the LOC remained in effect since 2019 without proper review. With no prosecution initiated and assessment orders challenged, the court found the LOC unjustified and ordered its cancellation, directing the Respondent to inform immigration authorities accordingly. Case-Laws Income Tax Wed, 22 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435931