LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Pakistan Pipe Industries (Private) Limited against the Corporate Regional Tax Office (CRTO Lahore until the next date.
The FTO heard the case in which counsel for the appellant argued that the Corporate Regional Tax Office (CRTO) had failed to resolve the tax refund since two years claimed by the company.
He said the RTO had been collecting excessive tax from M/s Pakistan Pipe Industries (Private) Limited for the last two years. He approached the commissioner concerned many times for the release of refund but the CRTO officials did not pay it even after the passage of a reasonable time.
At the end, the company decided to approach the FTO seeking intervention in this case. The counsel appealed the FTO advisor to direct the CRTO to clear the refund claims.
The counsel further said that the CRTO should refund the excessive collection following taxes by the end of financial year but the situation is quite otherwise.
After hearing the arguments from both sides, FTO Advisor adjourned the case until next date for further hearing and directed the parties to appear on said date to present arguments in the case.
