A strong pitch for removing the differential treatment of taxing long-term gains in listed and unlisted companies have been made, he said.
Chairman of GAAR expert committee Parthasarathi Shome submitted the draft report to the Finance Ministry on Saturday.
The committee in its first draft report has recommended
postponement of controversial tax provision by three years.
The Shome Committee has also proposed that tax mitigation be distinguished from tax avoidance.
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