LOC cannot be Continued for Long Period without any Cogent and Valid Reason: Delhi HC allows NRI Businessman facing Investigation under Black Money Act to Travel Abroad [Read Order]
The Delhi HC allowed NRI businessman facing investigation under Black Money Act, 2015 to travel abroad and observed that LOC cannot be continued for long period without any cogent and valid reason
By Kalyani B. Nair - On February 23, 2024 1:29 pm - 3 mins read
The Delhi High Court allowed NRI businessman facing investigation under Black Money Act, 2015 to travel abroad and observed that Look Out Circular ( LOC ) cannot be continued for long period without any cogent and valid reason. The petitioner is an Indian citizen holding an Indian Passport and is a Non-Resident Indian living in…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
