Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Business relationship exclusions under authorised representatives rules narrow commercial dealings and preserve permitted audit-related services. For the purpose of the definition of business relationship under the authorised representatives rules, the expression is confined to transactions entered into for a commercial purpose. The rule excludes commercial transactions that consist of professional services an auditor or audit firm is permitted to render under the Companies Act and the Chartered Accountants Act, together with the rules and regulations made under those enactments. It also excludes ordinary-course commercial dealings carried on at arm's length, including sales of products or services to an auditor as a customer by businesses such as telecommunications, airlines, hospitals, hotels and similar enterprises.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Business relationship exclusions under authorised representatives rules narrow commercial dealings and preserve permitted audit-related services.
For the purpose of the definition of business relationship under the authorised representatives rules, the expression is confined to transactions entered into for a commercial purpose. The rule excludes commercial transactions that consist of professional services an auditor or audit firm is permitted to render under the Companies Act and the Chartered Accountants Act, together with the rules and regulations made under those enactments. It also excludes ordinary-course commercial dealings carried on at arm's length, including sales of products or services to an auditor as a customer by businesses such as telecommunications, airlines, hospitals, hotels and similar enterprises.
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