LAHORE: The Federal Tax Ombudsman (FTO) has reserved a verdict on an appeal filed by the proprietors of M/s Faqeer Hussain against the Regional Tax Office (RTO-II) Lahore.
During the proceedings of the case before Advisor Mian Munawar Ghafoor, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the appellant since two years.
He said the RTO-II has been collecting excessive taxes from the company for the last two years. The petitioner approached the officials concerned several times for the release of refunds, but the RTO officials failed to address the complaint after the lapse of a reasonable time.
Finally, the appellant decided to approach the FTO seeking its intervention in the case. The counsel appealed to the FTO advisor to direct the RTO-II to clear the refund claims.
The counsel further said that delay in release of refunds puts a burden on taxpayer therefore the RTO-II should make audit of the case and release the extra amount collected from the taxpayer.
On the other hand, counsel for RTO-II argued that the appellant has not submitted all the record to the office for claiming refunds. If appellant provides the accurate record, the RTO-II will release refunds after a proper assessment, he added.
After hearing the arguments from both sides, the advisor for FTO has reserved the judgment.
