https://www.taxtmi.com/acts?id=53505 A business relationship means any transaction entered into for a commercial purpose, subject to exclusions for permitted professional services by an auditor or audit firm under the governing accounting laws. It also excludes commercial transactions in the normal course of business at fair market price, including sales to the auditor as a customer in regular operations, such as in telecommunications, airlines, hospitals, hotels, and similar industries. en-us Fri, 20 Mar 2026 18:35:12 +0530 Wed, 08 Apr 2026 14:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53505 A business relationship means any transaction entered into for a commercial purpose, subject to exclusions for permitted professional services by an auditor or audit firm under the governing accounting laws. It also excludes commercial transactions in the normal course of business at fair market price, including sales to the auditor as a customer in regular operations, such as in telecommunications, airlines, hospitals, hotels, and similar industries. Act-Rules Income Tax Fri, 20 Mar 2026 18:35:12 +0530 https://www.taxtmi.com/acts?id=53505