Stay of levy exclusion specifies commencement at stay grant and end on receipt of vacating order for limitation. The amendment to rule 68B(2) clarifies that periods during which levy of tax or attachment/sale proceedings are stayed by court order are excluded from limitation. The exclusion begins on the date the court grants the stay and ends when the jurisdictional Principal Commissioner or Commissioner receives the certified copy of the order vacating the stay, thereby specifying precise commencement and ending dates for computing the time-limit for sale of attached immovable property.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Stay of levy exclusion specifies commencement at stay grant and end on receipt of vacating order for limitation.
The amendment to rule 68B(2) clarifies that periods during which levy of tax or attachment/sale proceedings are stayed by court order are excluded from limitation. The exclusion begins on the date the court grants the stay and ends when the jurisdictional Principal Commissioner or Commissioner receives the certified copy of the order vacating the stay, thereby specifying precise commencement and ending dates for computing the time-limit for sale of attached immovable property.
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