Residential Status of HUF, Firm, AOP & BOI
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....m or other association of persons shall be resident in India in any tax year unless the control and management of its affairs is situated wholly or Partly in India during such tax year. [ Section 6(9) ] A Hindu undivided family, firm or other association of persons shall be Non-resident in India in any tax year If the control and management of its affairs is situated wholly outs....
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....F, FIRM, AOP & BOI is controlled from India even partially it will be Resident assessee. The Control and management of affairs means that decision making power for vital affairs is situated in India. In case of a Firm, it is said that the control and management of firm is situated at a place where partners meet to decide the affairs of the firm. A HUF, FIRM, AOP & BOI ....


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