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 hears appeal of hears appeal filed by M/s Khan Traders against RTO-II

bySajid Nawaz
02/12/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Federal Tax Ombudsman (FTO) Advisor Incharge Haji Ahmed has heard a case filed by proprietors of M/s Khan Traders against the Regional Tax Office (RTO-II) Lahore and adjourned it until the next date of hearing.

During the proceedings of case, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the appellant since last two years.

You might also like

Pakistan surpasses vietnam in rice exports during September 2026

03/11/2026

Pakistan targets China, Saudi Arabia & Iran to expand agricultural exports

03/11/2026

He said the RTO-II collected excessive taxes from the company during the last two years. The proprietors M/s Khan Traders approached the officials concerned several times for the release of refunds, but the RTO officials failed to clear refunds 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-II to clear the refund claims.

The counsel further said that delay in release of refunds put burden on taxpayers, adding that the RTO-II should make audit of the case and release the extra amount collected by it from the taxpayers.

On the other hand, counsel for RTO-II argued that the appellant has not submitted all record to the office for claiming refunds. If appellant provides the accurate record, the RTO-II will release refunds after a proper assessment, he added.

After hearing the arguments from both sides, FTO Advisor Incharge Haji Ahmed postpone hearing of the case until next date for hearing and directed the parties to appear before him on said date to conclude arguments in the case.

Related Stories

Pakistan surpasses vietnam in rice exports during September 2026

byCT Report
03/11/2026

ISLAMABAD: Pakistan recorded a significant increase in rice exports in September 2026, overtaking Vietnam despite tensions in the Gulf region...

Pakistan targets China, Saudi Arabia & Iran to expand agricultural exports

byCT Report
03/11/2026

LAHORE: The government and the Lahore Chamber of Commerce & Industry (LCCI) have agreed to work together to increase Pakistan’s...

JazzCash & Easypaisa halt aggregator services amid FIA gambling probe

byCT Report
03/11/2026

KARACHI: The digital payments landscape in Pakistan is facing another massive disruption. The fintech giants, JazzCash and easypaisa, have completely...

FBR seeks CA firms for audit of Customs bonded warehouses across Pakistan

byCT Report
03/11/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has invited chartered accountancy (CA) firms to conduct a comprehensive third-party audit of...

Next Post

Withholding agent ordered to keep record of unregistered persons, companies

  • 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.