NCLAT: Cannot Withhold Income Tax Refund Received by Bank During CIRP In CD's Account  ||  All. HC: With S. 111 of BNS Covering 'Organised Crime' It Appears Gangsters Act has become Redundant  ||  P&H HC: Cannot Allow Changes in Admission Form after Submission  ||  Bom. HC: Findings in Criminal Proceedings Cannot Be Relied Upon While Adjudicating Civil Proceedings  ||  P&H HC Directs Jail Authorities to Decide Parole Applications within Four Months  ||  Allahabad HC: Merely Supporting Pakistan Will Not Prima Facie Attract Section 152 of BNS  ||  HP HC Upholds Wife’s Claim of Adverse Possession after Husband’s Death  ||  Patna HC: Maintenance may be Allowed in Disputed Marriages if Relationship Was Socially Accepted  ||  Karnataka HC: State to Respond in 3 Weeks regarding Mandatory Teaching of Kannada  ||  Delhi HC: Husband Unhappy in Marriage is No Proof of Abetment of Suicide    

SC: ‘De Facto Control’ Test Relevant to Determine if Company is Resident in India - (12 Apr 2023)

DIRECT TAXATION

Supreme Court while observing that domicile or registration of company are not relevant test to determine if company is resident of India, has held that the determinate test is where ‘De Facto Control’ lies i.e. where the sole right to manage company and the control of the company lies.

Tags : SUPREME COURT   DE FACTO CONTROL   RESIDENT   COMPANY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved