https://www.taxtmi.com/caselaws?id=787427 Where domestic income-tax proceedings have finally concluded and no demand remains outstanding, the note clarifies that maintaining lookout circulars indefinitely without a proximate, concrete basis unlawfully restrains freedom of movement and fails proportionality review under Articles 14, 19(1)(g) and 21; accordingly the circulars must be set aside subject to proportionate safeguards. The operative effect requires petitioners to furnish an undertaking not to alienate or create third-party rights in assets outside India and to give advance notice to the tax authorities, upon which the lookout restrictions shall be vacated. en-us Fri, 27 Feb 2026 00:00:00 +0530 Thu, 05 Mar 2026 08:41:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787427 Where domestic income-tax proceedings have finally concluded and no demand remains outstanding, the note clarifies that maintaining lookout circulars indefinitely without a proximate, concrete basis unlawfully restrains freedom of movement and fails proportionality review under Articles 14, 19(1)(g) and 21; accordingly the circulars must be set aside subject to proportionate safeguards. The operative effect requires petitioners to furnish an undertaking not to alienate or create third-party rights in assets outside India and to give advance notice to the tax authorities, upon which the lookout restrictions shall be vacated. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787427