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FTO postpones hearing of case filed by M/s Royal Trading Company case in next date

bySajid Nawaz
01/07/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) has heard the case filed by proprietor of M/s Royal Trading Company against the Regional Tax Office, (RTO-II) Lahore until the next date of hearing.

According to the details, FTO Advisor Tariq Yousaf heard the case number 314/FTO-LHR/0000747/16 filed by proprietor Royal Trading Company the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the appellant for the last two years.

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He said that RTO-II collected excessive tax from the company during the last two years. The petitioner approached the officials concerned several times for issuance of the refunds, but the RTO officials failed to clear the refunds after the passage of reasonable time.

Finally, the appellant 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 delay in issuance of refunds put burden on the taxpayers, adding that the RTO-II should make audit of the cases and release the extra amount collected by it from the taxpayer.

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

After hearing the arguments from both sides, FTO Consultant Tariq Yousaf adjourned the case of proprietor Royal Trading Company until next date for further hearing and directed the parties to appear before him on said date to present arguments in the case.

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