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CAF-2 · Chapter 16 · Question 7 of 15

Under Section 131, if the Appellate Tribunal Inland Revenue (ATIR) decides to grant a stay on the recovery of tax, what is the maximum duration for which this stay order is initially valid?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) C) 90 days

Explanation

If on filing of an application in a particular case, the Tribunal may, for reasons to be recorded, stay the recovery of such tax for 90 days.

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