Terms of Professional Engagement
Last Updated: February 2025 • M S Kadam and Associates (Chartered Accountants)
1. Scope of Engagement
Professional services provided by M S Kadam and Associates are executed pursuant to written Engagement Letters or agreed-upon scopes of work outlining responsibilities, timelines, deliverable specifications, and statutory obligations.
2. Client Responsibilities
Clients are responsible for providing true, complete, and timely financial records, vouchers, invoices, and statutory declarations. The accuracy of tax returns and audit computations relies on the completeness of information furnished by the client.
3. ICAI Ethical Guidelines & No Solicitation
As per the Chartered Accountants Act, 1949 and regulations framed by the Institute of Chartered Accountants of India (ICAI), the contents of this website do not constitute advertisement, personal communication, solicitation, or legal opinion.
4. Limitation of Liability
While we exercise the highest professional diligence and care, statutory laws, rules, and portal functionalities are subject to frequent amendments by CBDT, CBIC, and MCA. We are not liable for statutory penalties resulting from delay or non-submission of client records.