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"We are looking into it," Mukherjee said on the sidelines of the 111th annual general meeting of the Bharat Chamber of Commerce.
Concerned over revenue implications of Friday`s Supreme Court judgement, Mukherjee had held consultations with Law Minister Salman Khurshid and senior officials on the same day.
A three-judge bench headed by Chief Justice S H Kapadia held that the IT department has "no jurisdiction" to levy tax on overseas transaction between companies incorporated outside India.