shall:
- Introduction.
- A taxpayer who has paid tax exceeding the actual tax liability under income tax ordinance 2001 may
- apply to the commissioner for a refund of the excess.
- An application for refund under section 170 shall be:
- made in the prescribed form.
- verified in the prescribed manner: and
- made with three year to which the refund relates.
Processing of Refund
Upon verification and satisfaction by the commissioner that tax has been overpaid, the commissioner - apply the excess in reduction of any other tax due from the taxpayer making refund application.
- apply the balance of the excess if any reduction of any other outstanding liability of the
taxpayer to pay other taxes: and - refund the remaining, if any to the tax payer.
Decision by the Commissioner.
The commission shall with in sixty days of receipt of refund application, approve or reject refund but
rejection will be given with reason after providing the taxpayer an opportunity of being heard.
Right to Appeal
A person aggrieved by an order of a rejection from the commissioner may prefer an appeal.
