Place of control determines a companies tax jurisdiction: Supreme Court

The Supreme Court of India has clarified that merely registering a company in a specific region does not establish the jurisdiction of income tax authorities, since the test lies in the location of management control. If the control and management of the company is with an officer in a particular location, the tax regulations apply accordingly, the court ruled.

from Economy-News-Economic Times https://ift.tt/iHOumSK
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