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 M/s Al-Shiekh Trader’s income tax refund case

bySajid Nawaz
15/05/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) postponed the hearing of an income tax refund case filed by M/s Al-Shiekh Traders Sargodha against the Regional Tax Office (RTO) Sargodha till the next date.

FTO Consultant Tariq Yousaf heard the case in which counsel for the appellant argued that the Regional Tax Office Sargodha has not released the refund to the petitioner since three years.

You might also like

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

27/08/2026

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

27/08/2026

Moreover, the RTO has been collecting excessive tax from the company for the last three years. On the extra collection, the company approached the officer concerned of the Regional Tax Office many times for release of refunds but he did not address his complaint even after the passage of a reasonable time.

Finally the plaintiff decided to file a case in the office of the FTO seeking intervention. The counsel appealed the FTO advisor to direct the RTO to clear the refund claims to the M/s Al-Shiekh Traders.

On the contrary, counsel for the RTO argued that after the complete examination of the record, the RTO will release the refunds to plaintiff.

After hearing the arguments from petitioner and recipient, the Federal Tax Ombudsman adjourned the case by next date of hearing to present their arguments in the case.

Related Stories

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

byCT Report
27/08/2026

ISLAMABAD: Saudi investor Asyad Group has expressed its commitment to expand its existing investments in Pakistan and explore new opportunities...

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

byCT Report
27/08/2026

ISLAMABAD: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has urged the government to retain safeguards against the...

Iran bans Pakistani firm over exporting untreated mangoes

byCT Report
27/08/2026

ISLAMABAD: Iran has officially banned a Pakistani hot water treatment facility after detecting pest contamination in exported mango shipments, sparking...

Madrassas set to join formal banking system after landmark agreement

byCT Report
27/08/2026

KARACHI: Religious leaders, the State Bank of Pakistan (SBP) and financial institutions have agreed on a plan to resolve the...

Next Post

Customs court extends hearing to frame charge against gold smuggler

  • 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.