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Home Lahore

FTO seeks arguments in tax refund appeal

bySajid Nawaz
09/06/2018
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) on Friday has sought arguments from Regional Tax Office in case filed by M/s Murshed Farm Industries against the Regional Tax Office, (RTO-II) Lahore.

The counsel for the appellant argued that the RTO had failed to release the sales tax refund claims to the appellant for the last two years.

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He said that RTO-II collected excessive tax from the company during the last two years. The petitioner approached the officials concerned several times for issuance of the refunds, but the RTO officials failed to clear 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-II to clear the refund claims on priority basis.

The counsel further said that the delay in issuance of refunds put burden on the taxpayer, adding that the RTO-II should make audit of the cases and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for RTO-II argued that the appellant has not submitted all record in the office for claiming refunds. If appellant provides accurate record, the RTO-II will issue the refunds after proper assessment, he added.

After hearing the arguments from both sides, Advisor Muhammad Zahiruddin put off the case until next date for further hearing and directed the RTO to appear before him on said date to present arguments in the case.

 

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