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FTO adjourns hearing of case filed by Sardar Oil Mills in next date

bySajid Nawaz
28/07/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by Proprietor Sardar Oil Mills against the Regional Tax Office (RTO) Lahore and postponed the hearing until the next date.

According to details, FTO Advisor Mian Munawar Ghafoor heard the case filed by Proprietor Sardar Oil Mills in which counsel for the appellant argued that the Regional Tax Office (RTO) had failed to release the tax refund claimed by the company since two years.

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He said the RTO had been collecting excessive tax from Proprietor Sardar Oil Mills for the last two years. He approached the commissioner concerned many times for the release of refund but the RTO officials did not pay it after the passage of a reasonable time.

At the end, the company decided to approach the FTO seeking intervention in this case. The counsel appealed the FTO advisor to direct the RTO to clear the refund claims.

The counsel further said the RTO should refund the excess collection in the wake of taxes by the end of financial year but the situation is quite otherwise. Delay in release of refund put the burden on the taxpayer, he said, adding that the RTO Lahore should make audit of the case and release the extra amount collected by it from the taxpayer.

After hearing the arguments from both sides, Advisor Mian Munawar Ghafoor adjourned the case until next date for further hearing and directed that the parties be appeared on the said date to present their arguments in the case.

 

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