Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
SC held that the Limitation Act applies to proceedings u/s 34 of the ACA, with specific exclusions. Section 4 applies only to the 3-month period, and Section 10 of the GCA does not apply. While the ACA prescribes different limitation periods, it does not exclude the Limitation Act's provisions unless the nature and language necessarily exclude them. The mere prescription of a different period is insufficient to displace the Limitation Act's applicability. The SC dismissed the appeal.
SC held that the Limitation Act applies to proceedings u/s 34 of the ACA, with specific exclusions. Section 4 applies only to the 3-month period, and Section 10 of the GCA does not apply. While the ACA prescribes different limitation periods, it does not exclude the Limitation Act's provisions unless the nature and language necessarily exclude them. The mere prescription of a different period is insufficient to displace the Limitation Act's applicability. The SC dismissed the appeal.
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