https://www.taxtmi.com/acts?id=19843 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. en-us Fri, 03 Jul 2015 16:43:34 +0530 Wed, 20 May 2026 18:26:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19843 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. Act-Rules Income Tax Fri, 03 Jul 2015 16:43:34 +0530 https://www.taxtmi.com/acts?id=19843