Q1. What is the resedinatial satuts of M.donlends in india, as per income tax act 1961.
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resendinatiol status
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it is a foriegn company and so there residential status is where the control and management is situated wholly or partly(i mean outside India)so it can be said that it is a non resident that is why what it earn in other countries is not taxable in India
thanks sir
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