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GAAR: No further extension likely

PUBLISHED ON: August 31, 2012 | Duration: 0 min, 45 sec

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The Prime Minister-appointed expert panel reviewing GAAR-related proposals, headed by Parthasarathi Shome, will submit its draft recommendations to the government today, after which public comments will be invited. The panel is unlikely to recommend a further extension in the deadline, according to sources. A member of the expert panel told NDTV, "We have not suggested any further extension in the GAAR timeline."
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