LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by proprietor of M/s Unique Cycle Industry against the chief commissioner, Regional Tax Office RTO-II Lahore until the next hearing.
FTO Consultant Tariq Yousaf heard the case 295/LHR/ST (84)/691/2014 FTO-LHR: 0000691/14 of proprietor M/s Unique Cycle Industry in which the counsel for the appellant argued that RTO-II had failed to release the refund of the last three years.
He said that the RTO collected excessive tax from proprietor M/s Unique Cycle Industry during the last three years. He approached the officer concerned many time for issuance of the refunds but the RTO Sialkot officials did not pay the refunds after the passage of reasonable time. Finally, the appellant decided to approach the Federal Tax Ombudsman (FTO).
The counsel further said that the delay in issuance of refund claims 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.
After hearing the arguments from both sides, FTO Consultant Tariq Yousaf adjourned the case of proprietor Unique Cycle Industry until the next date for further hearing and directed the parties to appear on the said date to present arguments in the case.
