LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s LE Topical Lahore against the Corporate Regional Tax Office (CRTO) Lahore until the next hearing.
FTO Consultant Tariq Yousaf heard the case M/s LE Topical in which the counsel for the appellant argued that the CRTO has not released the refund to the appellant since three years.
He said the CRTO has been collecting excessive tax from the company for the last three years. The company approached the officer concerned many times for release of refunds but the department did not pay it even after the passage of a reasonable time. Finally, the appellant decided to approach the FTO seeking intervention in this case
The counsel further said that the delay in release of refund puts the burden on the taxpayer, adding that the RTO should make audit of the case and release the extra amount collected by it from the taxpayer.
After hearing the arguments from both sides, the FTO adjourned the case until next date for further hearing and directed the parties to appear on the said date to present arguments in the case.