658/CBDT. - Income Tax - 658/CBDT

INSTRUCTION NO. 658/CBDT Dated : Febuary 12, 1974 Chapter XXXVI of the new Code of Criminal Procedure prescribes periods of limitation for taking congnizance by courts of certain offences, which would also include offences under all the direct tax laws and the Indian Penal Code. In view of the fact the period of limitation has been prescribed for launching prosecution proceedings, it is advised to review, on a top priority basis, in consultation with the prosecution counsel, all the pending cases where prosecution is contemplated where the period of limitation as prescribed in the new Criminal Procedure Code has already expired or expires before 1-4-74. A report with comments about the feasibility of launching prosecutions in all such cases may kindly be submitted to the Board before 28-1-1974, so that the Board's decision on these cases may be communicated well before 31-3-1974. Thereafter, wherever necessary, complaints should be filed in the court before 31-3-1974. As regards other cases where limitation expires after 31-3-1974, it is requested to take necessary immediate action to observe the limitation prescribed in the new Code. Since the limitation will apply even to cases where approval of the Board has been given but the complaint has not been filed such cases have also to be finalised and complaints filed before 31-3-1974. Chapter XXXVI of the new Code of Criminal Procedure has been printed in the bulletin.