The residential Status of a foreign company is determined on the basis of:
A. Place of effective management (POEM)
B. Management and control of affairs
C. Residential status of Managing Director
D. both (b) & (c)
Answer:A
The residential Status of a foreign company is determined on the basis of:
A. Place of effective management (POEM) B. Management and control of affairs C. Residential status of Managing Director D. both (b) & (c)