FTO dismisses real estate developer’s application against Inland Revenue

KARACHI: The Federal Tax Ombudsman (FTO) has dismissed a complaint filed by M/s Black Stone Developers against Inland Revenue for failing to issue refund for Tax Year 2017. M/s Black Stone Developers filed a complaint against Inland Revenue for failing to issue refund for Tax Year 2017, determined vide order… Continue reading

Rift develops between FBR and FTO

KARACHI: A rift has developed between the Federal Board of Revenue (FBR) and Federal Tax Ombudsman (FTO) after the FTO advised FBR to nominate BS-19-20 officer for the Inspection Team formed by FTO for investigation of alleged corruption and maladministration in Pakistan Customs. FTO had taken own motion cognizance on… Continue reading

Shrinking Customs’ revenues causing delay in refund claims issuance

KARACHI: The revenues of Pakistan Customs shrank after the government linked import of used cars with payment of duty/tax with foreign exchange, which resulted in delayed issue of Customs rebate claims, Advisor to Federal Tax Ombudsman (FTO) Shahid Ahmed said on Thursday.[the_ad id=”31605″]“A larger chunk of Customs’ revenue came from… Continue reading

Federal Tax Ombudsman disposes off over 30,000 tax cases

KARACHI: The Federal Tax Ombudsman (FTO) proves to be a bridge between the tax collectors and aggrieved tax payers by providing online complaint filling system in order to reduce time and cost of the complainant, this was stated by Justice Muhammad Nadir Khan, Advisor Incharge, Federal Tax Federal Tax Ombudsman… Continue reading

MCC Quetta seizes smuggled goods worth Rs30 million

QUETTA: As per the directives of Federal Tax Ombudsman (FTO), MCC Quetta is pursuing a rigorous anti-smuggling campaign and seized smuggled goods worth Rs30 million. Information was received from Collector Ashraf Ali that attempt would be made to transport smuggled goods. Subsequently, staff of Custon Check-post Surab intercepted a truck… Continue reading