Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

FTO adjourns case of New Pak Punjab Metal Industries till next date

bySajid Nawaz
26/05/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by Waheed-ud-Din Dar, Proprietor of New Pak Punjab Metal Industries, against the Regional Tax Office (RTO) Gujranwala till the next hearing.

FTO Advisor Mian Munawar Ghafoor heard the case. Counsel for the appellant argued that the RTO Gujranwala has not released the refunds to the appellant since two years.

You might also like

RCCI president calls for incentives to double tourism’s contribution to Pakistan’s GDP

10/11/2026

PM Shehbaz increases youth loan limit from Rs7.5m to Rs25m

10/11/2026

He said the RTO Gujranwala has been collecting excessive taxes from the appellant for the last two years. The company approached the officer concerned many times for release of the refunds, but the department did not pay anything after the lapse of a reasonable time.

Finally, the appellant decided to approach the Federal Tax Ombudsman (FTO) seeking an intervention in this case. The counsel appealed the FTO Advisor to direct the Commissioner RTO Gujranwala to clear the refund claims.

The counsel further said the delay in release of refunds put the burden on the taxpayer adding the RTO should audit the case and release the extra amount collected from the taxpayer.

On the other hand, counsel for the RTO argued that the appellant has not submitted all the record to the office on the basis of which he is claiming for the refunds. If appellant provides the accurate record, the RTO will be able to refund the claims, if any, after a proper assessment, he added.

After hearing the arguments from both sides, FTO adjourned the case and directed the parties to appear on the next date of hearing to present their arguments in the case.

Related Stories

RCCI president calls for incentives to double tourism’s contribution to Pakistan’s GDP

byCT Report
10/11/2026

ISLAMABAD: President Rawalpindi Chamber of Commerce and Industry (RCCI), Nosherwan Khalil Khan, has called for providing incentives and facilitation to...

PM Shehbaz increases youth loan limit from Rs7.5m to Rs25m

byCT Report
10/11/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday increased the limit of the government’s loans for youth for business and agriculture...

Gwadar Port receives Panama-flagged vessel in major transshipment development

byCT Report
10/11/2026

GWADAR: Gwadar Port has recorded another significant development in its transshipment operations with the successful berthing of a Panama-flagged vessel...

Saudi delegation eyes Karachi port investments as Pakistan expands maritime trade

byCT Report
10/11/2026

KARACHI: A Saudi business delegation led by Prince Mansour bin Muhammad Al-Saud has expressed interest in investing in Karachi port...

Next Post

RTO-I recovers Rs 34,548m during first 20 days of May

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.