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 refund case filed by M/s LE Topical

bySajid Nawaz
22/07/2017
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.

According to the details, FTO Consultant Tariq Yousaf heard the case 41/LHR (31)/106/2015 FTO-LHR 0000650/15 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 last three years.

You might also like

China donates livestock vaccines for CPEC 2.0

01/10/2026

Only four new traders file returns under FBR’s fixed tax scheme, Senate panel told

01/10/2026

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 burden on the taxpayers, 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 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

China donates livestock vaccines for CPEC 2.0

byCT Report
01/10/2026

ISLAMABAD: Minister for National Food Security Rana Tanveer Hussain has called upon agricultural scientists and researchers to develop focused and...

Only four new traders file returns under FBR’s fixed tax scheme, Senate panel told

byCT Report
01/10/2026

LAHORE: Only four new traders filed tax returns under the government's fixed tax scheme by the statutory deadline, prompting the...

APTMA urges govt to save textile economy

byCT Report
01/10/2026

LAHORE: All Pakistan Textile Mills Association (APTMA) in its 67th Annual General Meeting has demanded the government to save textile...

Container vessel may be leased to support exporters if cargo volumes suffice

byCT Report
01/10/2026

KARACHI: Seeking to help exports beat rising global freight charges and supply chain shortages spawned by rerouted ships, the federal...

Next Post

IMF asks Pakistan to establish national tax commission

  • 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.