Legal
Terms of Use
1. Acceptance
By accessing verumlogicllp.com (“the Site”) or using any tool hosted on it, you agree to these Terms of Use. If you do not agree, please do not use the Site.
2. Nature of the site and tools
Verum Logic Partners LLP (“Verum Logic”, “we”, “our”) publishes information about its services and two free browser-based tools: the Tax Calculator and MSME Suite Pro.
The Site and tools are provided for general informational and illustrative purposes only. Nothing on this Site constitutes professional legal, tax, accounting, or financial advice. The tools are designed to illustrate computations under the Indian Income-tax Act, 1961 (and Act, 2025) and the Micro, Small and Medium Enterprises Development Act, 2006 (“MSMED Act”). They are under CA review and may contain errors or omissions.
3. No professional relationship
Use of the Site or tools does not create a professional relationship between you and Verum Logic Partners LLP or any of its advisors. You should not rely on any output of the tools for the purpose of filing tax returns, preparing financial statements, making payment decisions, or any other professional or legal matter without independent verification by a qualified chartered accountant or legal professional.
4. Disclaimer of warranties
The Site and tools are provided “as is” without warranty of any kind, express or implied, including but not limited to accuracy, completeness, fitness for a particular purpose, or compliance with applicable law. Tax law changes frequently; we do not warrant that the tools reflect the most current legislative position.
5. Limitation of liability
To the fullest extent permitted by applicable law, Verum Logic Partners LLP and its partners, advisors, and associates shall not be liable for any direct, indirect, incidental, consequential, or special loss or damage arising from use of or reliance on the Site or any tool output, including but not limited to tax penalties, interest, or disallowances arising from an incorrect computation.
6. Intellectual property
All content on the Site, including text, design, code, and tool logic, is the property of Verum Logic Partners LLP or its licensors and is protected by copyright. You may use the tools for your own non-commercial professional work. You may not reproduce, redistribute, or create derivative works from the Site content without prior written permission.
7. External links
The Site may contain links to third-party websites. We are not responsible for the content or privacy practices of those sites.
8. Governing law
These Terms are governed by the laws of India. Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts at Kolkata, West Bengal.
9. Changes
We may update these Terms from time to time. Continued use of the Site after changes are posted constitutes acceptance of the revised Terms.
10. Contact
For questions about these Terms, contact us at contact@verumlogicllp.com.