Tag Archives: place of effective management

POEM Principles / Place of Effective Management

Place of Effective Management – POEM Principles Circular No. 06 of 2017 F. No. 142/11/2015-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated: 24 th January, 2017 Subject: Guiding Principles for determination of Place of Effective Management (POEM) of a Company. Download Complete CBDT Circular on POEM Principles

Place of effective management Draft Guidelines of CBDT

F. No. 142/11/2015-TPL Government of India , Ministry of Finance ,Department of Revenue ,Central Board of Direct Taxes Dated: 23rd December, 2015 issued  Draft Guiding Principles for determination of Place of Effective Management (POEM) of a Company. Why place of effective management  for Companies ? Section 6(3) of the Income-tax Act, 1961, prior to its… Read More »

Draft Guiding for Place of Effective Management (Poem) of Company Formulated.

Draft Guiding Principles for Determination of Place of Effective Management (Poem) of a Company Formulated. The Finance Act, 2015 has amended, with effect from 01.04.2016, the provisions of Income-tax Act relating to determination of residence of a company.  In accordance with the amended provisions a company would be said to be resident in India in… Read More »