SC ruling on determining management and control for residency of a company

Mansarovar Commercial Pvt. Ltd. Vs CIT (Supreme Court of India)

Sub- What is the meaning of management and control for the purpose of determining residency of a company? Whether simply registered office of a company can be the criterion ?

The Supreme Court in this case was considering interesting question as to taxability of alleged commission earned prior to the year 1990(whereafter the Income-tax Act,1961 was amended and income earned in Sikkim became taxable under the Act subject to certain exempti

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