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FTO adjourns hearing of case filed by M/s Abdul Rauf Steel Furnace

FTO adjourns hearing of case filed by M/s Abdul Rauf Steel Furnace

LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s Abdul Rauf Steel Furnace against the Regional Tax Office (RTO) Gujranwala until the next hearing.

According to the details, FTO Consultant Tariq Yousaf heard the case in which counsel for appellant argued that the RTO Sargodha has not released the refund to the appellant of the last two years.

He said the RTO Sargodha collecting excessive tax from appellant M/s Abdul Rauf Steel Furnace for the last two years. The company approached the officer concerned many times for the release of refunds but the department did not pay the refunds even after the passage of a reasonable time.

Finally, the appellant decided to approach the Federal Tax Ombudsman (FTO) seeking intervention in the case. The counsel appealed the FTO Consultant to direct the commissioner of RTO Gujranwala to clear the refund claims at the earliest.

The counsel further said the delay in release of refunds put a burden on taxpayers 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 the RTO argued that appellant has not submitted all the record in the office on the basis of which it is claiming refunds. If appellant provides accurate record, the RTO will release refunds, if any. After a proper assessment, he added.

After hearing the arguments from both sides, FTO Consultant adjourned the case till twenty third September and directed the parties to appear on the next date of hearing to present arguments in the case.