Terms of Service

Last updated: August 2026

1. Acceptance of Terms & Relationship

These Terms and Conditions (“Terms”, “Terms and Conditions”) govern your relationship with https://www.myfinancesheet.com/ website (the “Service”) operated by RAVINDRA KUMAR SAHOO (Trade Name: MY FINANCE SHEET) (“us”, “we”, or “our”).

By registering an account and accessing the MyFinanceSheet application dashboard, you agree to comply with and be bound by these Terms of Service. If you do not agree to these terms, you are prohibited from using the platform.

2. Disclosures, SEBI Non-Advisory Status & Risk Warnings

Regulatory Status (SEBI Non-Advisory Declaration): MyFinanceSheet is an analytical, journaling, and behavioral feedback software tool operated solely for self-evaluation and educational purposes. We are NOT a registered stockbroker, sub-broker, depository participant, Portfolio Management Service (PMS), Investment Adviser under the SEBI (Investment Advisers) Regulations, 2013, or Research Analyst under the SEBI (Research Analysts) Regulations, 2014. Nothing contained on the platform, website, backtester suite, sector scanner, or AI conversations shall be construed as investment advice, financial planning, portfolio advisory, stock tips, price targets, or recommendations to buy, sell, or hold any security, derivative, commodity, or cryptocurrency.

Risk Disclosure: Trading financial assets, cash equities, commodities, and derivatives carries an exceptionally high level of capital risk. Options and futures trading involve substantial leverage and can fluctuate rapidly, leading to the potential loss of more than your invested capital. Under volatile market regimes, exiting positions to limit losses can become difficult or impossible due to liquidity gaps and execution slippage.

Testimonial Disclosure: User reviews, trading diary case studies, and testimonials represent individual experiences. They are not indicators or guarantees of future results, profitability, or trading consistency.

Hypothetical Performance & AI Model Disclosure: Historical probability statistics, backtester simulation scorecards, regime classifications, and AI Coach (Dost AI) suggestions are hypothetical representations generated using mathematical algorithms and Large Language Models (LLMs) for reflective self-journaling only. AI outputs may occasionally contain statistical inaccuracies, delays, or model hallucinations. AI feedback must NEVER be treated as financial advice, trading signals, or execution prompts. You acknowledge that all live trading decisions are made solely at your own independent discretion and risk.

MyFinanceSheet Academy & Educational Content Disclaimer: All curriculum modules, masterclass lessons, strategy blueprints, video content, and interactive quiz questionnaires provided in the MyFinanceSheet Academy are published strictly for educational, historical analysis, and self-evaluation purposes only. Course materials, strategy case studies, and certification assessments do NOT constitute investment advice, portfolio management services, stock tips, or SEBI-registered financial advisory. Passing mastery tests or earning digital certificates validates conceptual understanding of risk management rules, but does not guarantee trading success or immunity against financial loss. All live market orders must be placed voluntarily at your own discretion and risk.

Broker API & Auto-Sync Integration Safe Harbor: The platform provides data-reading and journaling sync capabilities with supported third-party brokers (including Dhan, Fyers, Angel One, Upstox, Zerodha). Broker sync operates strictly as a technical reporting conduit authorized by you. Background sync and data retrieval do NOT constitute algorithmic trading, automated execution, or discretionary portfolio management. MyFinanceSheet is not responsible for broker API connection failures, expired access tokens, authentication timeouts, rate limiting, or data discrepancies originating from stockbroker servers.

Execution Bridge & Webhook Disclaimer: The platform provides integration capabilities with third-party order execution bridges (such as OpenAlgo). All order parameters, quantities, exchange settings, and price types are configured solely by the user. MyFinanceSheet is not a stockbroker, does not hold or execute user order funds, and accepts no liability for execution latency, price slippage, connection drops, or rejected orders.

Brokerage, Statutory Taxes & Capital Gains Analytics Disclaimer: All brokerage fee calculations, statutory transaction taxes (including STT, CTT, GST, Stamp Duty, SEBI Turnover Fees, and Exchange Transaction Charges), MTF carry interest estimations, and Capital Gains Tax estimates displayed across the dashboard, analytics suite, and audit modals are computed based on standard regulatory tariff schedules and user-configured preset rates. These calculations are strictly indicative analytical approximations provided for self-journaling, behavioral feedback, and capital-friction tracking purposes only. Actual brokerage charges, statutory levies, and tax liabilities may vary due to broker-specific pricing slabs, clearing member charges, DP charges, rounding differences, or statutory tax amendments. MyFinanceSheet is an analytics utility, not a chartered accountancy firm or tax advisory service. Calculations provided by the platform do not substitute official broker Contract Notes or professional tax advice. You must always rely on your stockbroker's official digital Contract Notes and consult a certified tax professional or Chartered Accountant (CA) for statutory tax filing and regulatory compliance.

3. Trials, Fees & Refunds

Free Trial: New registered profiles receive a 2-Day Free Trial (48 hours) to evaluate the journal dashboard, AI Coaching, and backtester analytics. Once the trial expires, the account is downgraded to the Free tier limits (0 coach queries, 0 backtest runs) unless a paid subscription is activated.

Fee Changes: We reserve the right to modify subscription fees for any paid tiers (Lite or Pro) at our discretion. Any pricing changes will be posted with advance notice to active subscribers.

Quota & Limit Adjustments: We reserve the right to dynamically scale or adjust active subscription limit quotas (AI Coach queries, backtest runs, and token caps) if required to protect the service against extreme AI server/vendor infrastructure pricing hikes or model deprecations.

Free Plan Restore Constraints: Profiles on the Free tier are limited to a maximum of 50 trades in their total account history. Restoring a JSON journal backup on a Free tier account will strictly enforce this cap. Free tier users must either upgrade to a paid tier (Lite or Pro) to restore their full backup data, or accept a partial restore (recreating only the 50 most recent trades).

Refunds: Paid Subscription fees are non-refundable. View our Billing, Cancellation, and Refund Policy to learn more.

4. Content & Account Security

Content: You retain full ownership and intellectual rights of any trading logs, notes, setup descriptions, and screenshots uploaded to your private journal. You warrant that you have the right to upload this data and that it does not violate third-party rights.

Accounts: You are fully responsible for maintaining the confidentiality of your credentials and the 4-digit App PIN Lock used to secure your local browser cache storage. Account sharing across multiple concurrent active devices is prohibited and constitutes a terms violation.

Master Shared Demo Account Protection: The master shared Demo Account (and guest demo mode) is a shared public demonstration environment provided solely for platform evaluation purposes. To ensure continuous access for all visitors, the master Demo Account is protected from profile modifications, settings overrides, and account deletion.

Journal Backups & Data Purging: You are solely responsible for exporting and downloading local backups of your trading journal data. In compliance with active user privacy regulations, deleting your personal profile immediately and permanently purges all trade logs, portfolios, custom tags, notes, and settings from our active databases. Once deleted, personal trade data is unrecoverable from our servers. In accordance with legal and financial requirements, statutory sales invoices and anonymized system resource usage metrics are decoupled from your profile (`user_id = NULL`) and retained for regulatory tax audits and vendor cost reconciliation. You must maintain your own JSON backup files to restore or migrate your data.

Support Attachments & 7-Day Auto-Purge Policy: Video screen recordings (.webm, .mp4) and audio voice notes (.webm, .wav) submitted as support ticket attachments are temporary diagnostic files. All video screen recordings and audio recordings attached to resolved or closed support tickets are automatically and permanently deleted after 7 days of ticket resolution. Text ticket descriptions and static screenshots remain stored in your ticket history. Users requiring long-term copies of submitted screen recordings should save them locally before ticket resolution.

5. Copyright Policy & Intellectual Property

Copyright Policy: We respect intellectual property rights. If you believe any content on our platform infringes your copyrights, you may submit a DMCA or copyright notice to [email protected].

Intellectual Property: All software code, UI designs, graphics, branding logs, and proprietary features of MyFinanceSheet are the exclusive property of MyFinanceSheet and protected by copyright and trademark laws.

Academy Content & Anti-Piracy Protection: All curriculum architecture, masterclass written content, strategy frameworks, proprietary diagrams, and MCQ examination banks within the MyFinanceSheet Academy are the intellectual property of MyFinanceSheet. Users are granted a personal, non-exclusive, non-transferable license to access course materials for private learning. Downloading, screen-recording, scraping, sub-licensing, redistributing, or commercializing Academy content on external platforms, social media, or paid channels without prior written consent is strictly prohibited and subject to immediate account termination and legal action.

7. Limitation of Liability, Monetary Liability Cap & Indemnification

Indemnification: You agree to defend, indemnify, and hold harmless MyFinanceSheet, its founder (RAVINDRA KUMAR SAHOO), affiliates, developers, licensors, and service providers from and against any claims, damages, obligations, losses, liabilities, costs, or debt (including legal fees and court costs) arising from: (i) your use of or access to the Service; (ii) any trading losses, missed trades, capital erosion, or financial decisions made by you; (iii) your violation of any term of these Terms; or (iv) your violation of any third-party right, including intellectual property or privacy rights.

Exclusion of Consequential & Financial Damages: TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES SHALL MYFINANCESHEET OR ITS FOUNDERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES WHATSOEVER, INCLUDING BUT NOT LIMITED TO: (A) CAPITAL LOSSES, LOSS OF TRADING PROFITS, REVENUE, OR DATA; (B) SYSTEM DOWNTIME, DATABASE SYNC LATENCY, OR UNSYNCED TRADES; (C) BROKER API DISCONNECTIONS OR REJECTED ORDERS; OR (D) ANY RELIANCE PLACED ON AI COACH SUGGESTIONS, HISTORICAL REGIMES, OR BACKTESTER METRICS.

Monetary Cap on Liability: IN THE EVENT THAT MYFINANCESHEET IS FOUND LIABLE BY A COURT OF COMPETENT JURISDICTION NOTWITHSTANDING THE EXCLUSIONS ABOVE, YOU EXPRESSLY AGREE THAT OUR ENTIRE AGGREGATE LIABILITY ARISING OUT OF OR IN CONNECTION WITH THE SERVICE SHALL BE STRICTLY LIMITED TO AND SHALL NOT EXCEED THE LESSER OF: (A) THE TOTAL AMOUNT ACTUALLY PAID BY YOU IN SUBSCRIPTION FEES TO MYFINANCESHEET IN THE THREE (3) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO LIABILITY; OR (B) INR ₹500 (FIVE HUNDRED INDIAN RUPEES). IF YOU ARE USING A FREE TRIAL OR FREE TIER, OUR TOTAL AGGREGATE LIABILITY SHALL BE ZERO (₹0.00).

Force Majeure & Third-Party Service Dependencies: We shall not be liable for any failure or delay in performance resulting from causes beyond our reasonable control, including acts of God, telecommunications outages, cloud hosting failures (including Supabase, Vercel, or AWS), payment processor delays (Razorpay), stockbroker API suspensions, exchange downtime (NSE/BSE/MCX), LLM provider outages, government directives, or cyber-attacks.

Statute of Limitations (1-Year Claim Window): You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to the use of the Service or these Terms must be formally filed within one (1) year after such claim or cause of action arose, or be forever barred.

8. Disclaimers, Binding Arbitration, Exclusive Jurisdiction & Class Action Waiver

Disclaimer of Warranties ("AS IS"): The Service is provided on an "AS IS" and "AS AVAILABLE" basis without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement, or accuracy of market calculations.

Informal Dispute Resolution (Mandatory 30-Day Good Faith Period): Before initiating any formal legal or arbitration proceeding, you agree to first contact our legal team at [email protected] with a detailed written notice of your grievance. Both parties agree to engage in good-faith negotiations to resolve the dispute informally for a minimum period of thirty (30) calendar days.

Binding Arbitration: If the dispute is not resolved through informal negotiations within thirty (30) days, either party may refer the dispute to final and binding arbitration in accordance with the Arbitration and Conciliation Act, 1996 of India (as amended). The arbitration shall be conducted by a single independent arbitrator mutually appointed by both parties (or failing agreement within 15 days, appointed by the competent Court). The seat and legal place of arbitration shall be Cuttack, Odisha, India. The language of arbitration proceedings shall be English, and the arbitral award shall be final and binding on both parties.

Governing Law & Exclusive Territorial Jurisdiction: These Terms and any dispute or claim arising out of or in connection with them shall be governed by and construed in accordance with the substantive laws of India. Subject to the arbitration clause above, you and MyFinanceSheet irrevocably agree that the competent Courts situated in Cuttack, Odisha, India shall have sole and exclusive jurisdiction to adjudicate any legal suits, interim reliefs, or proceedings arising under or in relation to this agreement. You explicitly waive any defense of lack of personal jurisdiction or inconvenient forum.

Class Action & Collective Lawsuit Waiver: TO THE EXTENT PERMITTED BY LAW, ALL DISPUTES AND CLAIMS MUST BE RESOLVED ON AN INDIVIDUAL BASIS. YOU EXPRESSLY WAIVE ANY RIGHT TO COMMENCE, JOIN, OR PARTICIPATE IN ANY CLASS ACTION, CONSOLIDATED LITIGATION, REPRESENTATIVE ACTION, OR COLLECTIVE PROCEEDING AGAINST MYFINANCESHEET OR ITS FOUNDERS.

9. Changes & Contact Us

Changes: We reserve the right, at our sole discretion, to modify or replace these Terms at any time by posting the revised version on this page. By continuing to access the Service after those revisions become active, you agree to be bound by the updated terms.

Contact Us & Registered Address: If you have questions or concerns about these Terms, please contact us or write to our registered office: