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FTO adjourns hearing of case filed by M/s Honda Point for one month

bySajid Nawaz
05/07/2016
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by M/s Honda Point (Private) Limited, Lahore for one month.

According to the details, Advisor of Federal Tax Ombudsman Munir Qurashi heard the case of M/s Honda Point Lahore in which the counsel for the appellant argued that the Regional Tax Office (RTO) failed to make payment of income  tax refund claims to the company during the last  two years.

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He said that Regional Tax Office has collected excessive tax from M/s Honda Point (Pvt) Ltd from the last three years and it approached many time before the commissioner concerned for refunds but the RTO did not pay the refunds claims after the passage of reasonable time.

At the end we decided to approach Federal Tax Ombudsman to interfere in this case and direct Regional Tax Office (RTO) to clear our refund claims. The counsel Honda Point said that  Regional Tax Office should refund the excess collection at the end of year but failed to do so.

While on the other side Regional Tax Office representative argued that the appellant M/s Honda Point (Pvt) Ltd, Lahore has not submitted all the record in the Regional Tax Office on the basis the company is submitting its claim for refunds. If appellant provide accurate record in Regional Tax Office then RTO will check the record and refund the extra tax to M/s Honda Point (Pvt) Ltd, Lahore after assessment.

After hearing the arguments from both sides the Adviser to Federal Tax Ombudsman Muneer Qureshi adjourned the case for one month further hearing and directed the parties to appear on said date for further.

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