The AP Shah committee said on Wednesday that Reliance Industries Limited had made unfair profits from ONGC's oil fields in the Krishna-Godavari basin.
No MAT on Foreign Companies?
While the Castelton case has become the pivotal case, it may not really answer all our questions with regards to the FPI-MAT issue.
In an interaction with CNBC-TV18's Rituparna Bhuyan, minister of state for finance Jayant Sinha spoke about the government's decision to constitute the Justice AP Shah panel to untangle the minimum alternate tax (MAT) issue, as well as developments such as the passage of the Black Money Bill in Lok Sabha today.