https://www.taxtmi.com/notifications?id=117837 Rule 51A defines "business relationship" as any transaction entered into for a commercial purpose, except (i) commercial transactions that are professional services permitted to be rendered by an auditor or audit firm under the Income-tax Act and the Chartered Accountants Act and related rules or regulations, and (ii) commercial transactions in the ordinary course of the company's business at arm's length, such as sale of products or services to the auditor as a customer by businesses like telecommunications, airlines, hospitals and hotels. en-us Wed, 24 Jun 2015 00:00:00 +0530 Sat, 27 Jun 2015 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117837 Rule 51A defines "business relationship" as any transaction entered into for a commercial purpose, except (i) commercial transactions that are professional services permitted to be rendered by an auditor or audit firm under the Income-tax Act and the Chartered Accountants Act and related rules or regulations, and (ii) commercial transactions in the ordinary course of the company's business at arm's length, such as sale of products or services to the auditor as a customer by businesses like telecommunications, airlines, hospitals and hotels. Notifications Income Tax Wed, 24 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117837