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FTO hears case filed by Mohid Industries against RTO Lahore

bySajid Nawaz
24/01/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by Proprietor Mohid Industries against the Regional Tax Office, (RTO) Lahore until the next date.

FTO Advisor Mazhar Farooq Shirazi heard the case filed by proprietor Mohid Industries. The counsel for the appellant argued that the RTO had failed to release the sales tax refund to the appellant for the last two years.

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He said that RTO collected excessive tax from the company during the last two years. The petitioner approached the officials concerned several times for issuance of the refunds, but the RTO officials failed to clear the refunds after the passage of a reasonable time.

Finally, the appellant decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the RTO to clear the refund claims.

The counsel further said that the delay in issuance of refunds put burden on the taxpayers, adding that the RTO should make audit of the cases and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for RTO argued that the appellant has not submitted all record in the office for claiming refunds. If appellant provides accurate record, the RTO will issue the refunds after proper assessment, he added.

After hearing the arguments from both sides, Advisor Mazhar Farooq Shirazi adjourned the case of Sadia Naseem, proprietor Mohid Industries until next date for further hearing and directed the parties to appear on said date to present arguments in the case.

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