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FTO summons parties in tax refund appeal filed by M/s Urdam Tours & Traders

FTO summons parties in tax refund appeal filed by M/s Urdam Tours & Traders

LAHORE: The Federal Tax Ombudsman (FTO) has called the parties with evidences in a case filed by M/s Urdam Tours & Traders Private Limited against the Corporate Regional Tax Office (CRTO) Lahore on the next hearing.

FTO Advisor Mian Munawar Ghafoor heard the case filed by the appellant in which the counsel for the appellant argued that the CRTO has not released the refund to the appellant since last three years.

He said the CRTO has been collected 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 appealed the FTO advisor to direct the CRTO to clear the refund claims.

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.

On the other hand, counsel for the RTO argued that the appellant has not submitted all the record in the office on which basis it is claiming for refund. If appellant provides the accurate record the RTO will release the refund, if any, after a proper assessment, he added.

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.