Determination of Place of Effective Management (POEM) of a Company FROM 1-4-17

CBDT issues guiding principles for determination of Place of Effective Management (POEM) of a Company.

POEM will be used for deciding the residential status of a company and same is effective from AY 2017-18.

Link to detailed guidelines

http://www.incometaxindia.gov.in/news/circular06_2017.pdf