RESIDENTIAL STATUS OF A ‘COMPANY’

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..... if, during the previous year, place of effective Management (POEM) is outside India. * A company can never be "Ordinarily" or "not Ordinarily Resident" in India. The Table given below highlights the same proposition: Place of Control Residential Status An Indian company A Company other than an Indian Company Place of effective Management of the affairs of a company is situated : * In In .....

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