The Central Board of Direct Taxes (CBDT) has issued a draft notification detailing the computation process for various parameters involved in arriving at the tax liability of a foreign company, in case the company qualifies to becomes a resident in India for the first time under the rules of Place of Effective Management (PoEM).
Rakesh Nangia, Manging Partner shares his views on aforementioned story for following publications:
- The Hindu – Standalone story
- Hindu Business Line – Standalone story
- Financial Express- Standalone story
![Rakesh Nangia - Nangia & Co LLP CBDT Seeks](https://nangia.com/storage/2017/06/Rakesh-Nangia-Nangia-Co-LLP-CBDT-Seeks.png)
![CBDT Issues Draft -Rakesh Nangia & Co LLP](https://nangia.com/storage/2017/06/CBDT-Issues-Draft-Rakesh-Nangia-Co-LLP.png)
![CBDT Draft Notice - Rakesh Nangia](https://nangia.com/storage/2017/06/CBDT-Draft-Notice-Rakesh-Nangia.png)