Terms of Engagement

Last Updated: October 24, 2023

1. Scope of Advisory Services

The content provided on the Kor TaxSolution website is for general informational purposes only and does not constitute legally binding financial or tax advice. A formal Chartered Accountant-Client relationship is only established upon the mutual signing of an official Letter of Engagement.

2. Client Responsibilities & Data Accuracy

Clients are solely responsible for the accuracy, completeness, and timeliness of the financial data, invoices, and bank statements provided to our team. Kor TaxSolution holds no liability for tax penalties, notices, or legal actions arising from concealed income, fraudulent documentation, or delayed submissions by the client.

3. Limitation of Liability

While our professionals execute services with the highest degree of diligence, Kor TaxSolution shall not be liable for indirect, incidental, or consequential damages. This includes loss of profits or business interruptions arising from departmental system failures (e.g., MCA or GST portal downtime) or sudden changes in government statutory policies.

4. Governing Law

These terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of these terms or our services shall be subject to the exclusive jurisdiction of the courts located in Gurugram, Haryana.