LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by Muhammad Iqbal Khan Company against the Regional Tax Office-II (RTO-II), Lahore until the next date.
According to the details, FTO consultant Tariq Yousaf heard the case FTO-LHR/0000846/2016 of Iqbal Khan and Company in which the counsel for the appellant argued that RTO has not released the refund to the appellant for the last three years.
He said that the RTO collected excessive tax from the company during the last three years. The company approached the officer concerned many time for issuance of the refunds but the department did not pay 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 to clear the refund claims.
The counsel further said that the delay in issuance of refunds put burden on the taxpayers, adding that the RTO should make audit of the cases and release the extra amount collected by it from the taxpayer.
After hearing the arguments from complainant, FTO adjourned the case of Muhammad Iqbal Khan & Co until next date for further hearing and directed the parties to appear on said date to present arguments in the case.
