There has been change in section 6(3) regarding the determination of residential status of Company.As per the new provisions the residential status of companies which are not incorporated under the corporate laws of India, would be determined by the concept of Place of Effective Management.
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About the Author

Chartered Accountant and Company Secretary. Visit at : www.taxpertpro.com

CA. Sudha G. Bhushan is a qualified Chartered Accountant and a Company Secretary with more than a decade of experience in the Foreign Exchange Management Act, RBI, Transfer pricing and International taxation matters. She is an ardent speaker and her articles are regularly published in the Journals of several Institu ... Read more


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