LAHORE: The Federal Tax Ombudsman (FTO) seeks departmental remarks in the tax refund appeal. The same appeal was filed by M/s Fish Bowl (Private) Limited against Corporate Regional Tax Office (CRTO).
FTO Adviser Mian Munawar Ghafoor heard the case in which counsel for appellant argued that the Corporate Regional Tax Office (CRTO) has failed to release the tax refunds since two years which were claimed by the company.
He said that the RTO has been collecting excessive taxes from M/s Fish Bowl (Private) Limited for the last two years. He approached the commissioner concerned many times for release of refunds but the CRTO officials did not entertain the requests even after the passage of a reasonable time.
At the end, the company decided to approach the FTO seeking his 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 additional collection of taxes by the end of financial year. Delay in release of refunds put the burden on the taxpayer, he said, adding that the CRTO Lahore should audit the case and release the extra amount collected from the taxpayer.
After hearing the arguments, FTO advisor directed Corporate Regional Tax Office (CRTO) to file their comments on next date of hearing.
