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FTO adjourns M/s Al-Shiekh Trader’s income tax refund case

bySajid Nawaz
15/05/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) postponed the hearing of an income tax refund case filed by M/s Al-Shiekh Traders Sargodha against the Regional Tax Office (RTO) Sargodha till the next date.

FTO Consultant Tariq Yousaf heard the case in which counsel for the appellant argued that the Regional Tax Office Sargodha has not released the refund to the petitioner since three years.

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Moreover, the RTO has been collecting excessive tax from the company for the last three years. On the extra collection, the company approached the officer concerned of the Regional Tax Office many times for release of refunds but he did not address his complaint even after the passage of a reasonable time.

Finally the plaintiff decided to file a case in the office of the FTO seeking intervention. The counsel appealed the FTO advisor to direct the RTO to clear the refund claims to the M/s Al-Shiekh Traders.

On the contrary, counsel for the RTO argued that after the complete examination of the record, the RTO will release the refunds to plaintiff.

After hearing the arguments from petitioner and recipient, the Federal Tax Ombudsman adjourned the case by next date of hearing to present their arguments in the case.

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