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2024 (10) TMI 97

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..... ed in legitimate manner and prayed that such LOC be cancelled. Simultaneously, he also sought liberty of the learned Trial Court to travel abroad - also application seeking release of his FDR but such request has been turned down on the ground that FDR was not a condition with respect to travel - HELD THAT:- Department of Income Tax is duly represented in the present proceedings and in response to .....

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..... on is accordingly allowed and learned Trial Court is directed to release the aforesaid FDR of Rs. 25 lacs to the petitioner. - HON'BLE MR. JUSTICE MANOJ JAIN For the Petitioner: Mr. Manohar Malik, Mr. Prateek Chauhan and Ms. Astha Gumber, Advocates For the Respondent: Mr. Puneet Rai, Senior Standing Counsel with Mr. Ashvini Kumar, Standing Counsel and Mr. Rishabh Nangia, Standing Counsel for .....

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..... Accordingly, the Look Out Circular against the applicant stands rescinded and applicant is at liberty to travel abroad with the condition that he shall submit his travel itinerary along with details of his stay before leaving the country to the respondents ie. Assessing officer and also to this court. It is further directed that applicant shall deposit of FDR of Rs. 25 lacs with the court before .....

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..... n pursuance of which order dt.31.05.2019 was passed by Ld. Predecessor of this court. Accordingly, no merit is found in the application. Application stands dismissed. 5. Department of Income Tax is duly represented in the present proceedings and in response to the query put by this Court, it has been, very fairly, admitted that as on date there is no further Look Out Circular against the petitione .....

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