What the engagement covers.
Consultation engagements are taken up at the request of an existing or prospective client on a specific question. The work is scoped, signed, and supervised by a partner.
Typical questions
- Accounting treatment under Indian Accounting Standards (Ind AS) or AS
- Audit-scoping advice on a specific reporting clause or standard
- Tax position on a specific transaction or restructuring
- Companies Act compliance on a specific provision — for example, a related-party transaction, a section-185 loan, or a CSR computation
- RBI / FEMA-related questions for small and mid-size cross-border arrangements
- GST classification, place-of-supply, and ITC questions on specific transactions
- Internal-control or audit-trail design questions
Form
Consultations may be delivered as a written opinion, a telephone discussion, or a meeting — per the engaging party's preference. Where the engagement is a written opinion, the firm prepares a brief covering the facts as represented, the question raised, the relevant law and Institute guidance, and the firm's view.
Per § 3.3.11 of the Institute's Code of Ethics, online consultation is undertaken only on the specific request of a client. The firm does not solicit such requests; passive availability under this practice area is the only form in which it surfaces on this site.