LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by M/s Akber Enterprises Lahore against Regional Tax Office-II (RTO-II) until the next date.
According to the details, FTO Advisor Tariq Yousaf heard the case of Naveed Akber of M/s Akber Enterprises Lahore in which the counsel for the appellant argued that the RTO had failed to release the tax refund of the last few years claimed by the company.
He said that the RTO-II collected excessive tax from the company during the last two years. They approached the commissioner concerned many times for issuance of the 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 chief commissioner Inland Revenue (CCIR) RTO-II 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, representative for RTO argued in favor of department.
After hearing the arguments from both sides, Adviser Tariq Yousaf adjourned the case until for further hearing and directed the parties to appear on the date to present arguments in the case.