LAHORE: The Federal Tax Ombudsman (FTO), Consultant Tariq Yosaf has heard the tax refund case filed by M/s Mansoor Paint Industries against the Regional Tax Office, (RTO-II) Lahore until the next date of hearing.
According to the details the counsel for the appellant said that RTO-II collected excessive tax from the company during the last two years. The petitioner approached the officials concerned several times for issuance of the refunds, but the RTO officials failed to clear the refunds after the passage of reasonable time.
At the end, the appellant decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the 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-II should make audit of the cases and release the extra amount collected by it from the taxpayer.
On the other hand, counsel for RTO-II argued that the appellant has not submitted all record in the office for claiming refunds.
After hearing the arguments from both sides, FTO adjourned the case of M/s Mansoor Paint Industries until next date for further hearing and directed the parties to appear before him on said date to present arguments in the case.