Much Awaited Guiding Principles Of Place Of Effective Management
![](https://ovakil.com/wp-content/uploads/2022/05/article_image1120180908094039.png)
CBDT has issued the much awaited Guiding Principles of Place of Effective Management (POEM) of a Company which is applicable from AY 2017-18. Important features being: 1. POEM guidelines shall not apply to companies having turnover or gross receipts of Rs. Fifty (50) Crore or less in a FY. 2. Active Business outside India (ABOI) […]