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FTO adjourns case of M/s General Pipe & Machinery Stores till next date

bySajid Nawaz
01/06/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) heard an appeal filed by M/s General Pipe & Machinery Stores (Private) Limited against Regional Tax Office (RTO) Lahore until the next date.

According to the details, FTO Mian Munawar Ghafoor heard the case number FTO-LHR/0000125/17 in which the counsel for the appellant argued that the RTO had failed to release the tax refund of the last two years claimed by the company.

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He said that the RTO collected excessive tax from, Muhammad Shah Jahan Khan M/s General Pipe and Machinery Stores (Private) Limited during the last two years. The concerned commissioner did not pay the refunds after the passage of reasonable time.

At the end, the complainant 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 refunds put burden on the taxpayers, he said, adding that the CRTO Lahore 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 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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