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 seeks record of appeal filed against RTO Sargodha

bySajid Nawaz
12/05/2018
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) on Friday has saught record of a case filed by M/s GM Cotton Factory, Mianwali, against the Regional Tax Office (RTO) Sargodha until the next hearing.

FTO Advisor Haji Ahmed heard the case in which counsel for appellant argued that the RTO Sargodha has not released the refunds to the appellant for the last two years.

You might also like

PICT enters logistics business as part of expansion strategy

27/07/2026

FPCCI criticizes SBP for keeping interest rate at 11.5%

27/07/2026

He said the RTO Sargodha collected excessive tax from the appellant during the last two years. The company approached the officer concerned many a time for the issuance of the refunds but the department did not pay the refunds after the passage of a reasonable time.

Finally, the appellant decided to approached the Federal Tax Ombudsman (FTO) seeking intervention in this case. The counsel appealed the FTO advisor to direct the commissioner of RTO Sargodha to clear the refund claims at the earliest.

The counsel further said that the delay in issuance of refunds put burden on the taxpayers, so the RTO should audit the cases and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for the RTO argued that the appellant has not submitted all record in the office on the basis of which it is claiming for refunds. If appellant provides accurate record, the RTO will release the refunds if any after the proper assessment, he added.

After hearing the arguments from both sides, Advisor Haji Ahmed ordered to the both appellant and respondent to produce all relevent record on next date of hearing.

Related Stories

PICT enters logistics business as part of expansion strategy

byCT Report
27/07/2026

KARACHI: Pakistan International Container Terminal Limited (PICT) has entered the logistics services business as part of its future business plan...

FPCCI criticizes SBP for keeping interest rate at 11.5%

byCT Report
27/07/2026

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the State Bank of Pakistan’s (SBP)...

FTO declares higher tax deduction on teachers’ examination duty unlawful

byCT Report
27/07/2026

LAHORE The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) was incorrectly applying a higher...

KP introduces 5% sales tax on cryptocurrency trading services

byCT Report
27/07/2026

PESHAWAR: The Government of Khyber Pakhtunkhwa (KP) has introduced a 5% sales tax on cryptocurrency and digital asset trading services,...

Next Post

ASO seizes huge quantity of  smuggled goods from passenger bus

  • 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.