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Home / Lahore / FTO hears M/s Qureshi Packages against CRTO & adjourns it till next date
FTO hears M/s Qureshi Packages against CRTO & adjourns it till next date

FTO hears M/s Qureshi Packages against CRTO & adjourns it till next date

LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Qureshi Packages (Private) Limited against the Corporate Regional Tax Office (CRTO) Lahore and postponed the hearing until the next date.

According to details, FTO Consultant Tariq Yousaf heard the case No: FTO-LHR/0001128/15/ 262 LHR/CUT (19)/1128/2015 filed by Usman Mazher, M/s Qureshi Packages (Private) Limited, in which counsel for the appellant argued that the Corporate Regional Tax Office (CRTO) had failed to release the tax refund claimed by the company since two years.

He said the RTO had been collecting excessive tax from M/s Qureshi Packages Private Limited for the last two years. He approached the commissioner concerned many times for the release of refund but the CRTO officials did not pay it after the passage of a reasonable time.

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

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

After hearing the arguments from both sides, Consultant Tariq Yousaf adjourned the case until next date for further hearing and directed that the parties be appeared on the said date to present their arguments in the case.