Terms of Service
Chartered Accountants Act 1949 Compliance • Last Updated: April 2026
1. Professional Governance
By engaging with PVAR & Associates ("the Firm"), you acknowledge that our services are governed by the Statutes of the Institute of Chartered Accountants of India (ICAI) and the Chartered Accountants Act, 1949. These terms form the legal baseline for our professional advisory engagements.
2. Digital Compliance (IT Act 2000)
In accordance with the Information Technology Act, 2000, all electronic records, digital signatures, and automated tax calculations provided on this site are legally valid. However, they serve as preliminary advisory tools and do not substitute formal audit opinions unless explicitly finalized.
3. Client Obligations
The accuracy of any audit, taxation filing, or financial strategy is dependent on the integrity of user-provided data. The Firm maintains a strictly collaborative model where primary responsibility for the completeness of disclosures remains with the client.
4. Limitation of Liability
Liability is capped at the professional indemnity thresholds established by regulatory mandates. The Firm shall not be liable for punitive damages arising from statutory penalties incurred due to delayed or inaccurate data transmission by the user.
5. Dispute Resolution
All legal proceedings shall be subject to the exclusive jurisdiction of the courts of Ghaziabad, Uttar Pradesh. Arbitration, if applicable, shall be conducted under the Indian Arbitration and Conciliation Act.