Disclaimer

1. General Disclaimer

The information contained on the website of KSMG & CO, located at https://www.ksmg.co (the "Website"), is provided for general informational and educational purposes only. While we endeavour to keep the information accurate, current, and relevant, the content on this Website should not be construed as professional advice — whether accounting, auditing, taxation, legal, financial, or otherwise — and should not be relied upon as a substitute for consultation with a qualified professional.

KSMG & CO is a chartered accountancy firm registered with the Institute of Chartered Accountants of India (ICAI) and operates in accordance with ICAI guidelines, the Chartered Accountants Act, 1949, and applicable laws. The information on this Website is intended to provide general guidance on matters of interest and does not purport to be comprehensive or to render professional opinions on any specific facts or circumstances.

This Disclaimer should be read in conjunction with our Terms of Service and Privacy Policy, which together govern your use of the Website.

2. No Professional Advice — Verification Obligation

Nothing contained on this Website — in any section, page, article, blog post, insight, regulatory update, frequently asked question (FAQ), compliance-related material, downloadable resource, or any other content, in any format whatsoever — constitutes professional accounting, auditing, taxation, legal, financial, or investment advice. All such content is published solely for general informational and educational purposes.

Given that each individual's or entity's circumstances are unique, the application of laws, regulations, and professional standards may vary significantly. Before making any decision or taking any action on the basis of any information presented on this Website, you must:

1. Independently verify all information, data, figures, deadlines, rates, provisions, and interpretations by referring to the original and current text of the relevant Acts, statutes, rules, regulations, notifications, circulars, orders, and official publications as issued by the Government of India, relevant State Governments, regulatory authorities (including but not limited to the Central Board of Direct Taxes, the Central Board of Indirect Taxes and Customs, the Ministry of Corporate Affairs, the Reserve Bank of India, the Securities and Exchange Board of India, and other applicable bodies), and other authoritative primary sources;
2. Seek specific professional advice from a qualified and competent chartered accountant, tax adviser, legal professional, or other appropriate consultant who can properly assess your particular facts, circumstances, and requirements before acting on any matter; and
3. Not rely on the information on this Website as being accurate, complete, current, or applicable to your situation without undertaking the independent verification and professional consultation described above.

Laws, regulations, tax provisions, compliance requirements, and professional standards in India are subject to frequent change through amendments, notifications, circulars, judicial pronouncements, and administrative orders. The content on this Website may not reflect the most recent changes and should always be cross-checked against the latest official sources.

KSMG & CO, its partners, employees, and associates expressly disclaim all liability and responsibility for any loss, damage, cost, penalty, interest, or consequence of any nature whatsoever — whether direct, indirect, incidental, special, or consequential — arising from or in connection with any action taken, decision made, or reliance placed by any person on any information published on this Website, in any section thereof.

3. Validity of Professional Advice — Letterhead, Seal, and Signature Requirement

This is a critical notice regarding the validity of communications from KSMG & CO.

No communication from KSMG & CO — whether delivered by email, electronic message, telephone, video call, messaging platform, through the Website, the Client Portal, contact forms, or any other digital, electronic, or verbal channel — shall constitute valid, binding, or actionable professional advice.

Professional advice from KSMG & CO is valid and binding only when all of the following conditions are satisfied simultaneously:

1. The advice is issued on the official letterhead of KSMG & CO;
2. The advice bears the handwritten or digital signature of an authorised partner of the Firm; and
3. The advice is affixed with the official seal of the partnership firm.

Any communication that does not meet all three of the above conditions — regardless of its content, the seniority or role of the person who issued it, or the channel through which it was delivered — does not constitute valid professional advice from the Firm and must not be acted upon or relied upon as such.

Without limitation, the following types of communications do not constitute valid professional advice:

• Opinions, recommendations, observations, or guidance communicated by email or other electronic message;
• Responses to queries delivered through the Client Portal, Website contact forms, or other online channels;
• Content shared during telephone conversations, video conferencing, or instant messaging;
• Informal discussions, preliminary observations, draft notes, or working papers shared for review or discussion purposes;
• Any content published on the Website, including articles, blog posts, insights, FAQs, and regulatory updates; and
• Any other communication that does not satisfy all three requirements stated above (official letterhead, authorised partner signature, and firm seal).

You are strongly advised not to act upon, rely upon, or treat as conclusive any communication from the Firm or its personnel that does not meet these conditions. KSMG & CO shall not be held responsible for any consequences — whether financial, legal, regulatory, or otherwise — arising from reliance on any communication that is not issued on the Firm's official letterhead, duly signed by an authorised partner, and bearing the official firm seal.

If you are uncertain whether a communication you have received constitutes valid professional advice from KSMG & CO, please contact the Firm directly for written confirmation before acting upon it.

4. No Client-Professional Relationship

Accessing or using this Website, downloading any content, reading any article or blog post, using any calculator or tool, sending us an enquiry, subscribing to our newsletters, or otherwise interacting with us through the Website does not create a client-professional relationship between you and KSMG & CO. A client relationship is established only upon the execution of a formal engagement letter or agreement, signed by an authorised partner of the Firm, setting forth the scope, terms, and conditions of the engagement.

Until such an engagement letter has been duly executed, no duty of care, confidentiality, or professional obligation arises from your use of or interaction with this Website.

5. Accuracy and Completeness of Information

While we make reasonable efforts to ensure that the information on this Website is obtained from reliable sources and is accurate at the time of publication, KSMG & CO makes no representations, warranties, or guarantees — whether express or implied — as to the accuracy, completeness, reliability, suitability, or timeliness of any information on the Website.

The information on the Website may contain typographical errors, technical inaccuracies, or outdated content. Laws, regulations, and professional standards are subject to frequent change, and the content on this Website may not reflect the most current amendments, notifications, or judicial pronouncements.

KSMG & CO expressly disclaims any liability for errors, omissions, or inaccuracies in the content of this Website, and for any consequences arising from reliance on such content.

6. Compliance Calendar Disclaimer

The Compliance Calendar available through our Client Portal is provided as a general reference tool to help users track key regulatory deadlines and filing due dates. While we endeavour to maintain its accuracy, the Compliance Calendar:

• Is provided for informational and reference purposes only and does not constitute professional advice;
• Does not constitute a comprehensive listing of all compliance obligations that may apply to your specific circumstances;
• May not reflect the most recent changes to filing deadlines, regulatory extensions, or exemptions issued by the relevant authorities;
• Should not be relied upon as the sole basis for ensuring timely compliance; and
• Must be verified against the latest official notifications, circulars, and publications of the relevant regulatory authorities before acting on any deadline.

You are solely responsible for verifying all applicable deadlines and ensuring timely compliance with all laws and regulations. KSMG & CO shall not be held liable for any penalties, interest, fines, or other consequences arising from missed deadlines or reliance on the Compliance Calendar.

7. Taxation and Legal Information

Any information relating to taxation, regulatory compliance, or legal matters contained on this Website — including in articles, insights, blog posts, FAQs, and any other section — is provided for general educational and informational purposes only and must not be relied upon as specific tax or legal advice.

Tax laws and regulations — including the Income Tax Act, 1961; the Goods and Services Tax Act, 2017; the Companies Act, 2013; the Foreign Exchange Management Act, 1999; and other applicable statutes — are subject to frequent amendment through Finance Acts, notifications, circulars, and judicial decisions. The information on this Website may not reflect the most current changes.

The application of tax laws depends on the specific facts and circumstances of each case. You must verify all tax-related information from the official publications of the Central Board of Direct Taxes (CBDT), Central Board of Indirect Taxes and Customs (CBIC), Ministry of Corporate Affairs (MCA), Reserve Bank of India (RBI), and other relevant authorities, and obtain professional advice before taking any action.

The information on this Website cannot be used, and is not intended to be used, by any person for the purpose of avoiding penalties that may be imposed under applicable tax laws.

8. Third-Party Content and Links

This Website may contain links to external websites, platforms, and resources operated by third parties. These links are provided for your convenience and informational purposes only. The inclusion of any link on this Website does not imply endorsement, approval, association, sponsorship, or recommendation by KSMG & CO of the linked website or its operator.

We have no control over the content, accuracy, privacy practices, or availability of third-party websites, and we accept no responsibility or liability for any loss or damage that may arise from your use of or reliance on any information, products, or services available on or through such websites.

Where this Website features content contributed by third parties — including guest articles, external commentaries, or syndicated material — the views and opinions expressed are those of the respective authors and do not necessarily reflect the views of KSMG & CO. We are not responsible for the accuracy, completeness, or reliability of any third-party content.

9. Communication Disclaimer

Unless a formal engagement letter has been executed between you and KSMG & CO, any information you transmit to us through the Website, including through contact forms, email, or other channels, is not treated as confidential or privileged. Please do not send any sensitive personal data, confidential financial information, or documents through the Website contact forms or unsecured email channels.

Emails and electronic communications transmitted over the Internet are not inherently secure and may be subject to interception, alteration, or loss. While we implement reasonable security measures, we cannot guarantee the confidentiality or integrity of information transmitted through unsecured channels.

For the secure transmission of sensitive documents and information, please use our Client Portal or contact us to arrange an appropriate secure method of delivery.

10. Regulatory and Professional Context

KSMG & CO is subject to the regulatory oversight of the Institute of Chartered Accountants of India (ICAI) and operates in compliance with the Chartered Accountants Act, 1949, and the regulations framed thereunder.

The information presented on this Website is consistent with ICAI guidelines on the dissemination of information by chartered accountants. The Website is maintained as a means of providing general information about the Firm and its areas of practice, and not as a means of solicitation, advertising, or promotion in contravention of the ICAI Code of Ethics or applicable regulations.

References to specific areas of practice on this Website indicate the areas in which the Firm undertakes professional engagements. Such references do not constitute claims of specialisation unless formally recognised by ICAI.

11. Online Payment Disclaimer

Our online payment facility is provided in collaboration with a third-party payment gateway partner. While we take reasonable steps to ensure a secure payment experience, KSMG & CO does not directly process, handle, or store your payment card details.

All payment transactions are subject to the terms and conditions of our payment gateway partner. We are not responsible for any errors, failures, or delays in payment processing caused by the payment gateway provider, your bank, or other third-party intermediaries.

KSMG & CO shall not be held liable for any loss, damage, or inconvenience arising from or in connection with the use of the online payment facility, including but not limited to failed transactions, duplicate charges, or unauthorised transactions. In the event of any payment-related dispute, please contact us at info@ksmg.co and your bank or payment card issuer.

12. Website Availability

We use reasonable endeavours to ensure that this Website is available at all times. However, we shall not be liable if the Website is unavailable at any time or for any period. Access to the Website may be suspended temporarily and without notice in circumstances of system maintenance, technical failure, security incidents, force majeure events, or reasons beyond our reasonable control.

13. Intellectual Property

All content on this Website — including text, articles, graphics, images, and design elements — is the intellectual property of KSMG & CO or its licensors, protected under the Copyright Act, 1957; the Trade Marks Act, 1999; and other applicable intellectual property laws. No content from this Website may be reproduced, distributed, modified, or used for any commercial purpose without our prior written consent.

For full details regarding intellectual property rights and the limited licence granted to users, please refer to our Terms of Service.

14. Limitation of Liability

To the fullest extent permitted by applicable law, KSMG & CO, its partners, employees, agents, and affiliates shall not be liable — whether in contract, tort (including negligence), strict liability, or otherwise — for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, loss of data, loss of business opportunity, or any other intangible losses, arising out of or in connection with:

• Your access to, use of, or reliance on any information contained on this Website, in any section thereof, including articles, insights, blog posts, FAQs, compliance-related content, and regulatory updates;
• Any inaccuracy, error, or omission in the content of this Website;
• Any decision made or action taken by you on the basis of information obtained from this Website;
• The unavailability, interruption, or malfunction of the Website;
• Any viruses, malware, or other harmful material that may infect your device as a result of your use of the Website or downloading any content from it;
• Your use of any third-party website linked from this Website; or
• Any reliance on a communication from the Firm that does not satisfy the letterhead, partner signature, and firm seal requirements set out in this Disclaimer.

This limitation of liability applies to the maximum extent permitted under Indian law, including but not limited to the Information Technology Act, 2000, the Indian Contract Act, 1872, and the Consumer Protection Act, 2019.

Nothing in this Disclaimer shall exclude or limit liability that cannot be excluded or limited under applicable Indian law, including but not limited to liability arising from fraud, wilful misconduct, or gross negligence.

15. Governing Law

This Disclaimer shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or in connection with this Disclaimer shall be subject to the exclusive jurisdiction of the courts at Delhi, India.

16. Changes to This Disclaimer

We reserve the right to amend or update this Disclaimer at any time by posting the revised version on this Website with an updated "Last Updated" date. We encourage you to review this page periodically. Your continued use of the Website after any changes constitutes your acceptance of the revised Disclaimer.

17. Acceptance

By accessing any part of this Website, you acknowledge that you have read, understood, and agree to be bound by this Disclaimer in its entirety. If you do not agree with any part of this Disclaimer, please refrain from using the Website.

18. Contact Us

If you have any questions or concerns regarding this Disclaimer, please contact us: