Residential status
sandeepbommisetty (vijayawada) (63 Points)
12 March 2016
If holding Company is Non resident Then what about its subsidiary Company residential status which is in India
1 Replies
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 13 March 2016
The holding subsidiary criteria Is completely irrelevant for determination of residential status. From 1-4-15, a company is said to be resident in India if it is an Indian Company ; OR The place of effective management of the company is in India.
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