#THE ECONOMIC OFFENCES (IN APPLICABILITY OF LIMITATION) ACT, 1974 
________ 

##ARRANGEMENT OF SECTIONS 
________ 

SECTIONS 

1.  Short title, extent and commencement. 
2.  Chapter XXXVI of the Code of Criminal Procedure, 1973 not to apply to certain offences. 
THE SCHEDULE. 
 
 
 
 
#THE ECONOMIC OFFENCES (IN APPLICABILITY OF LIMITATION) ACT, 1974

##ACT NO. 12 OF 1974 

[27th March, 1974.]

An Act to provide for the inapplicability of the provisions of Chapter XXXVI of the Code of 
Criminal Procedure, 1973 to certain economic offences. 

BE it enacted by Parliament in the Twenty-fifth Year of the Republic of India as follows:— 

1. **Short title, extent and commencement.**—(1) This  Act  may  be  called  the  Economic  Offences 
(Inapplicability of Limitation) Act, 1974. 

(2) It extends to the territories to which the Code of Criminal Procedure, 1973 (2 of 1974) applies. 

(3) It shall come into force on the 1st day of April, 1974.

2. **Chapter XXXVI of the Code of Criminal Procedure, 1973 not to apply to certain offences.**—
Nothing in Chapter XXXVI of the Code of Criminal Procedure, 1973 (2 of 1974) shall apply to— 

  (i) any offence punishable under any of the enactments or provisions, if any, thereof specified 
in the Schedule; or 

  (ii) any  other  offence,  which  under  the  provisions  of  that  Code,  may  be  tried  along  with  such 
offence, 

and every offence referred to in clause (i) or clause (ii) may be taken cognizance of by the Court having 
jurisdiction as if the provisions of that Chapter were not enacted.

 
 

##THE SCHEDULE 

(See section 2) 

1. The Indian Income Tax Act, 1922 (11 of 1922). 
1A. Clause (a) of section 63 of the Copyright Act, 1957 (14 of 1957).
2. The Income Tax Act, 1961 (43 of 1961). 
2A. The Interest-tax Act, 1974 (45 of 1974).
2B. The Hotel-Receipts Tax Act, 1980 (54 of 1980).
2C. The Expenditure-tax Act, 1987 (35 of 1987).
3. The Companies (Profits) Surtax Act, 1964 (7 of 1964). 
4. The Wealth-Tax Act, 1957 (27 of 1957). 
5.  The Gift-Tax Act, 1958 (18 of 1958). 
6.  The Central Sales Tax Act, 1956 (74 of 1956). 
7.  The Central Excises and Salt Act, 1944 (1 of 1944). 
7A. Chapter V of the Finance Act, 1994 (32 of 1994).
8.  The Medicinal and Toilet Preparations (Excise Duties) Act, 1955 (16 of 1955). 
9.  The Customs Act, 1962 (52 of 1962). 
10.  The Gold (Control) Act, 1968 (45 of 1968). 
11.  The Imports and Exports (Control) Act, 1947 (18 of 1947). 
12.  The Foreign Exchange Regulation Act, 1947 (7 of 1947). 
13.  The Foreign Exchange Regulation Act, 1973 (46 of 1973). 
14.  The Capital Issues (Control) Act, 1947 (29 of 1947). 
15.  The Indian Stamp Act, 1899 (2 of 1899). 
16.  The Emergency Risks (Goods) Insurance Act, 1962 (62 of 1962). 
17.  The Emergency Risks (Factories) Insurance Act, 1962 (63 of 1962). 
18.  The Emergency Risks (Goods) Insurance Act, 1971 (50 of 1971). 
19.  The Emergency Risks (Undertakings) Insurance Act, 1971 (51 of 1971). 
20.  The General Insurance Business (Nationalisation) Act, 1972 (57 of 1972). 
21. The Industries (Development and Regulation) Act, 1951 (65 of 1951).