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FTO reserves verdict of tax refund appeal filed by M/s Amir Sohail Traders

FTO reserves verdict of tax refund appeal filed by M/s Amir Sohail Traders

LAHORE: The Federal Tax Ombudsman (FTO) reserved verdict in case filed by proprietor of M/s Amir Sohail Traders, against the Regional Tax Office (RTO-II) which will be announced soon.

On 4.8.2018, FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the RTO-II has not released the refund to the appellant from last two years.

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

Finally, the appellant decided to approach the Federal Tax Ombudsman (FTO), seeking interference in this case. The counsel appealed the FTO advisor to direct the commissioner of RTO-II to clear the refund claims.

The counsel further said that the delay in issuance of refunds 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.

On the other hand, counsel for the RTO argued that the appellant has not submit all relevant  record in the office on basis of which it is claiming for refunds. If appellant provides accurate record, the RTO will issue the refunds if any after proper assessment, he added. After hearing the arguments from both sides, FTO advisor reserved verdict in the same for final order.