A company will be resident in India if –
a) it is an Indian company
b) The control & management of its affairs is situated wholly in India during the relevant previous year. If a company does not fulfill these conditions, then it is called non resident company.
More Detail:-http://www.gurukpo.coma) it is an Indian company
b) The control & management of its affairs is situated wholly in India during the relevant previous year. If a company does not fulfill these conditions, then it is called non resident company.
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