Much Awaited Guiding Principles Of Place Of Effective Management

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) […]