Will look at all sides; official GAAR report by Sept: Shome

GAAR panel head Parthasarathi Shome has announced that the panel will examine all issues relating to GAAR and submit a draft of the recommendations by end of August and submit the official report by September-end.

"The consultation process is very intensive at the moment. We have already met some policy-makers in New Delhi. The panel has also interacted with several international and domestic tax-advisory firms, and a few concerned industrialists," Shome told CNBC-TV18.

"There are several issues that industry has spoken to us about. We will certainly be looking at and considering all the aspects that come within the purview of our terms of reference."