HC recalled ‘Look Out Circular’ issued against CA as he co-operated in proceedings initiated against him

INCOME TAX: Where in course of survey operation under section 133A of the Income-tax Act, 1961, revenue authorities found that petitioner helped in tax evasion by facilitating payments against bogus bills and invoices raised to 'P' Ltd. by entities based in foreign jurisdiction and, thus, proceedings for Look Out Circular (LOC) were initiated against him under section 53

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000193555/hc-recalled-‘look-out-circular’-issued-against-ca-as-he-co-operated-in-proceedings-initiated-against-him.aspx