Investor Documentation in
Tapi

IMAK Advisory is an ICAI-registered firm of chartered accountants in Whitefield, Bengaluru, working on business contracts for founders, small businesses and companies across India. We shape the commercial, financial and tax terms – price, payment, GST, TDS, foreign exchange and accounting – and work with advocates where a contract needs legal drafting or a legal opinion.

Valid business contracts need competent parties, consent freely given, a lawful object and lawful consideration under the Indian Contract Act, 1872, plus the correct stamp duty for the state. Since the Supreme Court's December 2023 ruling, an unstamped agreement is not void but cannot be used as evidence until duty and penalty are paid. Most contracts can be signed electronically, except documents such as powers of attorney, wills and property sale contracts.

Employment and consultancy contracts are taxed differently. Only salary and pension income gets the standard deduction; the standard deduction in new tax regime calculations is ₹75,000 for salaried employees, against ₹50,000 under the old regime, while consultants are paid professional fees with TDS and may need GST registration.

ESOP plans and grant letters are contracts too. Under IndAS 102, an equity-settled grant is measured at grant-date fair value and expensed over the vesting period, so the vesting terms in the letter drive the accounts.

Supply contracts should name the quality standards marks the goods must carry – the ISI mark, BIS registration, hallmark, Agmark or Ecomark – especially for products covered by Quality Control Orders. Food contracts should allocate FSSAI licences, labelling and recall duties under the Food Safety and Standards Act 2006, the Food Safety and Standards Rules 2011 and the licensing regulations amended in March 2026.

Contracts with NRIs carry TDS at non-resident rates and need foreign exchange paperwork. NRIs often ask: is income tax return filing mandatory for NRI landlords or consultants? It is when Indian taxable income exceeds the basic exemption limit, and filing is needed to claim back excess TDS.

Clear tax wording prevents most money disputes: whether the price includes GST, who bears a change in rate, which GSTIN appears on invoices, how TDS will be deducted and certified, and whether a micro or small supplier must be paid within 45 days. Arrangements with directors or related companies may need board or shareholder approval and disclosure, and cross-border dealings with group companies fall under transfer pricing. After signing, a simple register of parties, values, renewal dates and notice periods keeps obligations visible, and dispute clauses naming mediation or arbitration, the seat and the governing law save time if something goes wrong.

Loan and guarantee documents are reviewed for interest reset, covenants, personal guarantees and charges to be registered. We are not connected with Standard Chartered Bank or any other bank; anyone looking for the Standard Chartered Bank Gurugram branch should contact the bank directly.

We do not publish fees; stamp duty and registration charges are paid at actuals, and our team shares the exact total after reviewing your requirements. Visit us at ITPL Main Rd, Pattandur Agrahara, Whitefield, Bengaluru, Karnataka 560066, call or WhatsApp +91 79798 50684, or email imakadvisoryteam@gmail.com, and the IMAK Advisory team will review your business contracts before you sign.