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FTO postpones hearing of case filed by M/s Al-Hamd Traders

bySajid Nawaz
29/08/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s Al-Hamd Traders against Regional Tax Office-II (RTO-II), Lahore until the next hearing.

According to the details, FTO Consultant Tariq Yousaf heard the appeal in which the counsel for the appellant argued that RTO-II had failed to release the refund to the appellant of the last three years.

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He said that RTO collected excessive tax from the company during the last three years. He approached the officers concerned many times for issuance of the refunds claims but the RTO-II did not pay the refunds after the passage of 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 refund claims put burden on the taxpayers, adding that RTO should make audit of the cases and release the extra amount collected by it from the taxpayer.

After hearing the arguments from both sides, FTO Consultant Tariq Yousaf adjourned the case 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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