Professional Disclaimer
Important Information Regarding Accounting Scope & Legal Boundaries
1. Operational Nature of Services
BizMitra assists business entities in maintaining day-to-day accounts, posting vouchers, reconciling bank statements, preparing draft GST and TDS returns, and assembling financial statements. Unless specifically engaged and executed by an eligible licensed Chartered Accountant under separate letter, nothing on this website or in our services constitutes a statutory audit report, legal opinion, or official certification.
2. Reserved Professional Functions
Under the Chartered Accountants Act, 1949 and the Companies Act, 2013, certain functions are legally reserved exclusively for practicing Chartered Accountants holding a valid Certificate of Practice (COP). These reserved functions include:
- Statutory audits of companies registered under the Companies Act.
- Tax audits under Section 44AB of the Income Tax Act, 1961 (Form 3CA/3CB/3CD).
- Net worth certificates, turnover certifications, or formal financial attestations required by banks or statutory bodies.
- Formal legal representation before appellate tax authorities and tribunals.
BizMitra facilitates consultation sessions and prepares organized underlying accounting files. All reserved functions are performed exclusively by qualified independent professionals under direct professional engagement.
3. No Guarantee of Outcomes or Immunity
Tax statutes in India are subject to continuous judicial interpretations, departmental notifications, and legislative revisions. BizMitra does not guarantee:
- Specific financial or tax savings outcomes.
- Exemption or immunity from automated portal scrutiny notices, reassessments, or physical inspections by GST or Income Tax authorities.
- Approval or processing timelines governed by external government portals (such as GSTN, TRACES, or MCA).
4. Not Legal Advice
Content presented on this website, including service guides, FAQs, and articles, is intended solely for general informational purposes. It does not constitute legal, tax, or financial advice. Readers should seek personalized professional counsel before acting on any statutory matter.
5. Transparency Regarding Team & Credentials
Names, designations, and background biographies displayed in preview or default placeholders are clearly marked as placeholders until verified documents are provided and confirmed. BizMitra never presents unconfirmed credentials as established claims.