This December Tax Santa brings a nightmare tax poem
# poem tax india
A draft concept of determining Tax residency issued by CBDT on 23rd December 2015 which compelled tax payers to rethink before tax planning.
In a nutshell of draft, you will find that-
“A company said to be a Tax Resident of that country only, where the company sing a PoEM“
*PoEM stands for Place of effective management.