https://www.taxtmi.com/manuals?id=1284 Foreign companies are resident in India only if their Place of Effective Management (POEM) during the previous year is in India; POEM is determined by identifying who actually makes key management and commercial decisions and where those decisions are in fact made. Companies meeting the Active Business Outside India (ABOI) cumulative test-passive income 50% of total income, en-us Fri, 09 Oct 2015 18:15:00 +0530 Fri, 16 Feb 2024 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1284 Foreign companies are resident in India only if their Place of Effective Management (POEM) during the previous year is in India; POEM is determined by identifying who actually makes key management and commercial decisions and where those decisions are in fact made. Companies meeting the Active Business Outside India (ABOI) cumulative test-passive income 50% of total income, Manuals Income Tax Fri, 09 Oct 2015 18:15:00 +0530 https://www.taxtmi.com/manuals?id=1284