Revoke the LOC - It is also not the case that the petitioner is not joining the investigation or that he has not co-operated during the investigation, rather according to the respondents he has even made some admissions during the course of the investigation and recording of his statements.. The issuance of the LOC is a serious matter as it contains full particular of the individual which are sent throughout the world. Therefore, keeping in view the above said facts and circumstances, there is no justification in keeping the present LOC alive. - LAKSHMI SATYANARAYANA DUTT TADIKONDA V/s UOI - [2020] 426 ITR 550 (DEL)