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 hearing in M/s LE-Topical case

bySajid Nawaz
23/06/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s LE Topical Lahore against the Corporate Regional Tax Office-II (CRTO) Lahore until the next hearing.

FTO Consultant Tariq Yousaf heard the case 41/LHR (31)/106/2015 FTO-LHR0000650/15 filed by Naseer Ahmed, M/s LE Topical in which the counsel for the appellant argued that the CRTO has not released the refund to the appellant since three years.

You might also like

FPCCI urges FBR to extend income tax return deadline

30/09/2026

McDonald’s Pakistan celebrates 28 years, recognises partners

30/09/2026

He said the CRTO has been collecting excessive tax from the company for the last three years. The company approached the officer concerned many times for release of refunds but the department did not pay it even 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 RTO to clear the refund claims.

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

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

After hearing the arguments from both sides, the FTO adjourned the case until next date for further hearing and directed the parties to appear on the said date to present arguments in the case.

Related Stories

FPCCI urges FBR to extend income tax return deadline

byCT Report
30/09/2026

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has formally urged the...

McDonald’s Pakistan celebrates 28 years, recognises partners

byCT Report
30/09/2026

ISLAMABAD: McDonald’s Pakistan has marked 28 years of operations in the country by recognizing the local businesses and organizations that...

Punjab’s e-Biz platform processes over 146,000 business applications

byCT Report
30/09/2026

LAHORE: Punjab’s e-Biz platform has processed 146,025 business applications out of 176,243 received, as the province expands digital services for...

FBR may extend tax deadline by 15 days

byCT Report
30/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to extend the deadline for filing income tax returns for Tax...

Next Post

Nadir Mumtaz given additional charge of Member Admin

  • 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.