LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by Proprietor Mohid Industries against the Regional Tax Office (RTO) Lahore until the next date of hearing.
FTO Advisor Mazhar Farooq Shirazi heard the case filed by Proprietor Mohid Industries. The counsel for the appellant argued that the RTO remained failed to release the Sales Tax refund to the appellant since two years.
He said the RTO has been collecting excessive taxes from the company for the last two years. The petitioner approached the officials concerned several times for release of the refunds, but the RTO officials failed to clear the refunds even after the passage of a reasonable time.
Finally, the appellant decided to approach the FTO seeking intervention in this case. The counsel appealed to the FTO advisor to direct that the RTO should clear the refund claims.
The counsel further said that delay in release of refunds puts the burden on the taxpayer therefore RTO should make audit of the case and release the extra amount collected from the taxpayer.
On the other hand, counsel for the RTO argued that the appellant has not submitted all the record in the office for claiming refunds. If he provides accurate record, the RTO will release the refunds after a proper assessment, he added.
After hearing the arguments from both sides, FTO Advisor adjourned the case of Sadia Naseem, Proprietor Mohid Industries until the next date for further hearing and directed that the parties should appear on the said date to present arguments in the case.
