POEM for Cos with Sales Over 50 cr

The Economic Times - - Front Page -

The Cen­tral Board of Di­rect Taxes, the apex di­rect taxes body, has is­sued a cir­cu­lar clar­i­fy­ing that the pro­vi­sions re­lat­ing to place of ef­fec­tive man­age­ment (POEM) will ap­ply to com­pa­nies with over .₹ 50-crore turnover.

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