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 of case filed by M/s Shaheen Electric Services against RTO-II

bySajid Nawaz
21/01/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by M/s Shaheen Electric Services Lahore against Regional Tax Office-II (RTO-II) until the next date.

According to the details, FTO Advisor Tariq Yousaf heard the case of M/s Shaheen Electric Services Lahore in which the counsel for the appellant argued that the RTO had failed to release the sales tax refund of the last two years claimed by the company.

You might also like

IHC approves Telenor Pakistan-Ufone merger

14/07/2026

Mastercard, BoP expand strategic collaboration to support Pakistan’s cashless economy

14/07/2026

He said that the RTO collected excessive tax from the company during the last two years. They approached the commissioner concerned many times for issuance of the refunds but the RTO-II officials did not pay the refunds after the passage of reasonable time.

At the end, the company decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the RTO-II to clear the refund claims.

The counsel further said that the RTO should refund the excess collection in wake of taxes by the end of financial year but the situation is quite otherwise. Delay in issuance of refunds put burden on the taxpayers, he said, adding that the RTO should make audit of the cases and release the extra amount collected by it from the taxpayers.

On the other hand, counsel for RTO argued that the appellant M/s Shaheen Electric Services Lahore has not submitted all record in the office on which basis it is claiming for refunds. If appellant provides accurate record, the RTO will issue the refunds if any after proper assessment.

After hearing the arguments from both sides, Adviser Tariq Yousaf adjourned the case until for further hearing and directed the parties to appear on the date to present arguments in the case.

Related Stories

IHC approves Telenor Pakistan-Ufone merger

byCT Report
14/07/2026

ISLAMABAD – The Islamabad High Court (IHC) has approved the merger of Telenor Pakistan Private Limited with Pakistan Telecom Mobile...

Mastercard, BoP expand strategic collaboration to support Pakistan’s cashless economy

byCT Report
14/07/2026

KARACHI: Senior leadership of Mastercard and The Bank of Punjab (BOP) met in Karachi to reaffirm and expand their strategic...

Colour & Chem Expo 2026 to bring 300 exhibitors to Lahore

byCT Report
14/07/2026

LAHORE: Pakistan's flagship exhibition for the dyes, chemicals and allied industries, the 11th Colour & Chem Expo 2026, will be...

FPCCI for taking steps to protect economy against fallout of renewed ME crisis

byCT Report
14/07/2026

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Monday urged the economic policymakers to devise a crisis-response...

Next Post

Customs Court grants bail to suspect involved in tax evasion

  • 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.