RULE 253 INCOME-TAX RULES 2026 Nature of business relationship.
RULE 253 INCOME-TAX RULES 2026 Nature of business relationship. 253. For the purposes of section 515(3)(b)(ii)(H), the term “business relationship” shall be construed as any transaction entered into for a commercial purpose, other than — (A) commercial transactions which are in the nature of professional services permitted to be provided by an auditor or audit firm… Read More »