FTO clarifies matter of President’s decision on FBR’s representation
ISLAMABAD, Jan 16 (APP/DNA): The Federal Tax Ombudsman Secretariat (FTO) on Friday clarified that the President of Pakistan has neither set aside or annulled any decision of the FTO nor imposed any restriction on the FTO’s statutory powers relating to Own Motion or Inspection-based notices or proceedings.
FTO wishes to clarify news reports in certain sections of the media in connection with a decision of the Hon’ble President of Pakistan in a representation preferred by the Federal Board of Revenue (FBR) against findings and directions issued by the FTO to the tax authorities in Own Motion and Inspection based proceedings before the FTO, said a news release.
The President of Pakistan, however, has only modified the relevant decisions to the limited extent that, where defects or irregularities have been identified through above referred Own Motions investigations and Inspections the responsibility for determining the detailed and appropriate procedure for effective, transparent, and lawful corrective action shall rest with the FBR.
The President of Pakistan’s decision is fully in conformity with the law. It supports and supplements and validates the lawful exercise of Own Motion and Inspections based proceedings of the FTO.
The Implementation Wing of the FTO Secretariat is taking up the matter with Federal Board of Revenue to proceed further in accordance with the decision of the Hon’ble President of Pakistan.
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