Effective date: 1 January 2025 · Last updated: May 2026
Acceptance of Terms
By engaging the professional services of RVN & Associates ("we", "us", "our", or "the Firm"), or by using our website, you ("Client" or "you") agree to be bound by these Terms of Service. If you do not agree to these terms, please do not proceed with our services.
These Terms, together with any engagement letter or service agreement issued to you, constitute the entire agreement between you and the Firm for the provision of professional services.
Scope of Services
The Firm provides professional accounting, taxation, audit, compliance, and advisory services as described in the individual service agreement or engagement letter issued to each client. The specific scope, deliverables, timelines, and fees for each engagement are agreed upon in writing prior to commencement.
We reserve the right to decline any engagement or discontinue services if, in our professional judgement, there is a conflict of interest, legal concern, or breach of these Terms.
Client Obligations
To enable us to deliver services effectively and meet regulatory deadlines, you agree to:
- Provide accurate, complete, and timely information, documents, and authorisations as requested by our team.
- Notify us promptly of any changes in your business structure, ownership, or financial circumstances that may affect your compliance obligations.
- Respond to our queries and review draft filings or reports within the timelines communicated.
- Ensure that all information provided to us is true and does not intentionally mislead us or any regulatory authority.
- Obtain all necessary approvals and signatures for filings and statutory documents in a timely manner.
The Firm shall not be liable for any penalties, interest, or adverse consequences arising from delays or inaccuracies attributable to the Client's failure to meet these obligations.
Fees & Payment
Our fees are agreed upon in advance and communicated transparently in the engagement letter or service proposal. Fees are based on the scope of work, complexity, and time involved.
- Invoices are due within 15 days of issuance unless otherwise agreed in writing.
- Late payments may attract interest at 1.5% per month or the maximum rate permitted by applicable law.
- Out-of-pocket expenses incurred on your behalf (filing fees, government charges, courier costs) are billed at cost.
- The Firm reserves the right to withhold delivery of documents or filings until outstanding fees are settled.
Confidentiality
Both parties agree to maintain strict confidentiality regarding all information shared in connection with the engagement. We will not disclose your confidential information to any third party except as required to deliver the agreed services or as mandated by law.
Our confidentiality obligations are detailed in our Privacy Policy, which forms part of these Terms.
Professional Standards
All services are provided in accordance with the professional standards and ethical guidelines of the Institute of Chartered Accountants of India (ICAI) and applicable Indian law. Our advice reflects the law as it stands at the time of the engagement; subsequent legislative changes may alter its applicability.
Tax advice and opinions are based on the information provided by you and our professional interpretation of applicable law. They do not constitute a guarantee of any particular outcome with the relevant tax authorities.
Intellectual Property
All work product, reports, templates, and documents created by the Firm in the course of the engagement remain our intellectual property until full payment has been received, at which point they are licensed to you for the purposes of the engagement.
You may not reproduce, distribute, or adapt our work product for any purpose other than your own internal business use without our prior written consent.
Limitation of Liability
To the fullest extent permitted by law, the Firm's aggregate liability in connection with any engagement shall not exceed the total fees paid by you for the specific service giving rise to the claim.
We shall not be liable for any indirect, incidental, consequential, or punitive damages, including but not limited to loss of profits, loss of data, or business interruption, whether arising from negligence, breach of contract, or otherwise.
Nothing in these Terms limits our liability for fraud, wilful misconduct, or any liability that cannot be excluded by applicable law.
Termination
Either party may terminate an engagement by providing 30 days' written notice. You will be liable for fees for services rendered up to the date of termination.
We may terminate an engagement immediately without notice if you breach these Terms, provide false information, or if continuing the engagement would compromise our professional obligations or legal standing.
Upon termination, we will return your original documents and transfer your files in an orderly manner, subject to settlement of outstanding fees.
Governing Law & Dispute Resolution
These Terms of Service are governed by and construed in accordance with the laws of India. Any disputes arising out of or in connection with these Terms shall first be subject to good-faith negotiation between the parties.
If a dispute cannot be resolved amicably, it shall be submitted to arbitration in accordance with the Arbitration and Conciliation Act, 1996, with the seat of arbitration in Hyderabad, Telangana. The courts of Hyderabad shall have exclusive jurisdiction for enforcement of any award.
Amendments
We may revise these Terms of Service at any time by updating this page. Continued use of our services following the posting of any changes constitutes your acceptance of those changes. We recommend reviewing this page periodically.
Contact Us
For any questions about these Terms of Service, please contact:
- RVN & Associates
- Flat No. 3A, 3rd Floor, Shree Lakshmi Sarma Complex
- Near Uppal Stadium, Uppal
- Hyderabad, Telangana – 500039, India
- Email: rvntaxcaresolutionshyd@gmail.com
- Phone: +91 80963 63998