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FTO to hear tax refund appeal filed by M/s Techno Tech against CRTO

bySajid Nawaz
01/06/2018
in Uncategorized
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LAHORE: Federal Tax Ombudsman (FTO) on Monday accepted the appeal for hearing filed by M/s Techno Tech against the Corporate Regional Tax Office (CRTO).

During the proceedings of case, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the appellant since last two years.

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He said the RTO-II collected excessive taxes from the company during the last two years. The petitioner approached the officials concerned several times for the release of refunds, but the RTO officials failed to clear refunds after the passage of a reasonable time.

Finally, the appellant decided to approach the FTO seeking intervention in this case. The counsel appealed the FTO advisor to direct the CRTO to clear the refund claims.

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

On the other hand, counsel for CRTO argued that the appellant has not submitted all record to the office for claiming refunds. If appellant provides the accurate record, the CRTO will release refunds after a proper assessment, he added.

After hearing the arguments from both sides, adviser for FTO Muhammad Zahiruddin heard the complainant by M/s Techno Tech Lahore. The same is accepted for hearing and the appeal will be heard in next date of hearing.

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