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RESIDENTIAL STATUS OF A ‘COMPANY’

Income Tax - Basics - 05 - RESIDENTIAL STATUS OF A COMPANY An Indian Company is always Resident in India. A foreign Company is resident in India, only if, during the previous year, Place of effective management (POEM) is in India. Conversely, a Forei .....

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lace 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 India Resident Resident Outside India Resident Non- Resident Explanation.-For the p .....

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