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Home Lahore

FTO put of hearing in case of properitor SECO Engineeging

bySajid Nawaz
08/06/2017
in Lahore, Latest News
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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by owner of M/s SECO Engineering against the Regional Tax Office-II (RTO-II), Lahore until the next date.

According to the details, FTO consultant Tariq Yousaf heard the case 507/LHR/IT(345)/1188/2014 FTO-LHR/0001188/14 of Qasir Shakeel, owner of M/s SECO Engineering, in which the counsel for the appellant argued that the RTO has not released the refund to the appellant of the last three years.

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He said that the RTO-II collected excessive tax from the company in three years. The company approached the RTO-II many times for issuance of the refunds but the department did not pay 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 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 should make audit of the cases and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for RTO argued that the appellant 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, he added.

After hearing the arguments from both sides, FTO adjourned the case until next date for further hearing and directed the parties to appear on said date to present arguments in the case.

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