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FTO accepts tax refund appeal for hearing filed by M/s Rajpoor Traders

FTO accepts tax refund appeal for hearing filed by M/s Rajpoor Traders

LAHORE: The Federal Tax Ombudsman (FTO) accepted the appeal for hearing filed by the M/s Rajpoor Traders against the Regional Tax Office-II (RTO-II).

According to the details, FTO Advisor Mian Munawar Ghafoor heard the case of filed by M/s Rajpoor Traders in which the counsel for the appellant argued that the RTO had failed to release the sales tax refund of the last two years.

He said that the RTO collected excessive tax from petitioner during the last two years. The petitioner approached the commissioner concerned many time for issuance of refunds but the RTO-II officials did not pay the refunds after the passage of reasonable time.

At the end, the company decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the RTO to clear the refund claims.

The counsel further said that the RTO should refund the excess collection in wake of taxes by the end of financial year but the situation is quite otherwise. Delay in issuance of refunds put burden on the taxpayers, he said, adding that the RTO should make audit of the cases and release the extra amount collected by it from the taxpayers.

On the other hand, counsel for RTO argued that the appellant petitioner has not submitted all record in the office on which basis it is claiming for refunds. If appellant provides accurate record, the RTO will issue the refunds after proper assessment. After hearing the arguments from both sides, FTO Adviser accepted the case for hearing and sought record from parties on next date of hearing.