Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Entities' Residential Status Under Income-Tax Law: Annual Classification for Companies and Partnership Firms May Vary Each Year</h1> Under Income-tax Law, entities other than individuals or Hindu Undivided Families (HUF), such as companies and partnership firms, are classified as either residents or non-residents. The residential status of these taxpayers is determined annually based on specific provisions within the law. Consequently, an entity's status may vary from year to year, potentially shifting between resident and non-resident classifications.