Whether Dubai company managed from India is a PE?

A company is considered as a resident in India during a previous year, if:

a) It is an Indian company, or

b) its place of effective management (POEM) during the year is in India

On the basis of the information furnished by you, we can conclude that the POEM of the company during the year is in India, therefore, the company will be a resident company.

Now, whether the Income will be taxable in India or not also depend on DTAA that India has signed with that company.

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)

I am pretty sure that it is not a resident company under PoEM (as of today), based on the information furnished above.

The question was about PE only.