LAHORE: The Federal Tax Ombudsman (FTO) on Thursday heard review petition in complainant number 0486/LHR/ST/2015. The appeal was filed by M/s Creative Electronics Private Limited against the Large Taxpayer Unit (LTU).
According to the details, FTO Advisor Muhammad Zahiruddin heard the case in which the counsel for the appellant argued that the LTU had failed to satisfy the appellant in refund case.
He added that the LTU collected excessive tax from peitioner during the last three years. He approached the officer concerned many times but the LTU officials did not pay the refunds after the passage of reasonable time.
At the end, the appellant decided to approach the Federal Tax Ombudsman (FTO) seeking interference in this case. The counsel appealed the FTO advisor to direct the LTU to clear the refund claims.
The counsel further said that delay in issuance of refunds put burden on the taxpayers, adding that the LTU should make audit of the cases and release the extra amount collected from the taxpayer. He submitted in his final arguments that appellant should submit all relevant record to the LTU.
After hearing the arguments from both sides, FTO postpones hearing of the case until next date for further hearing and directed the parties to appear on said date to submit arguments in the case.
