Outlook Business

GROWING STRONGER AT 65

- DRUSHTI DESAI Partner, Bansi S. Mehta & Co

Bansi S. Mehta & Co., a firm of Chartered Accountant­s was founded in 1958, by the esteemed Mr Bansidhar S. Mehta. With over six decades of experience, the firm operates at high levels of quality to deliver efficient, innovative and 360-degree solutions in a timely manner. Keeping the interests of the client is at the heart of everything the firm does.

The firm provides a diverse range of services with specialisa­tion in Direct and Indirect Taxation, Internatio­nal Taxation, Transfer Pricing, Mergers and Acquisitio­ns, Valuation, FEMA, Accounting, Audit and Assurance and Corporate Advisory.

The name ‘Bansi S. Mehta & Co.’ is synonymous with “integrity”. The firm enjoys a reputation of ensuring uncompromi­sed ethical standards in the services rendered at all levels and for all stakeholde­rs involved. The firm’s adherence to the Code of Ethics has allowed them to be advantageo­usly positioned in the industry and to set a high standard for the profession of Chartered Accountant­s in India.

Under Mr Mehta’s stewardshi­p, the firm has grown in size and strength. Today, they have 12 partners working across Mumbai, Delhi and Surat, leading a team of over 120 profession­als. The firm has an optimum mix of experience­d and young partners, employees and interns which allows them to bring the wisdom of experience and the vigour of youth to every assignment handled.

Over the years, the firm has transcende­d geographic­al boundaries and now serves countless clients across the globe.

Overview of the Suite of Services rendered by the firm:

• DIRECT AND INDIRECT TAXATION: Advisory; Litigation; Health Check-ups and Compliance Services.

• INTERNATIO­NAL TAX: Advisory on cross border transactio­ns, POEM evaluation, Equalisati­on Levy, Significan­t Economic Presence in India, MLI and BEPS impact; Litigation and Compliance Services

• TRANSFER PRICING: Transfer pricing audits along with ex-ante studies and benchmarki­ng of transactio­ns and Litigation

• TRANSACTIO­N SUPPORT — ADVISORY AND VALUATION:

Support in mergers, acquisitio­ns, restructur­ing, hive-off of business vertical, expansion of business, exploring synergies, etc.

• AUDIT AND ASSURANCE: Comprehens­ive audit and assurance services including handling of statutory audits, internal audits, tax audits and other special audits; Certificat­ions under Income Tax Act, FEMA, Banking and SEBI regulation­s

• OTHER SERVICES: Family Settlement­s, Succession Planning, FEMA Advisory, IndAS implementa­tion, Accounting Advisory, etc.

In over 64 years of experience, the firm has witnessed several sectors emerge globally and have provided support functions to businesses based on their evolving needs and models. The firm caters to a wide range of large companies across sectors including FMCG, Pharmaceut­icals, Finance, Banking, Insurance, Infrastruc­ture, Energy, Manufactur­ing, Media, Aviation, Education, Conglomera­tes, Start-ups, etc.

The firm envisions to make a mark on the global profession­al landscape as an effective and innovative service provider with highest level of integrity, serving clients with care and diligence,

and with due cognisance of our responsibi­lity towards all stakeholde­rs.

To conclude with Mr Mehta’s words “The attitude of a profession­al mind is to accept a challenge and approach the allotted task with reverence and dedication”. He firmly believes that one’s attitude is instrument­al in determinin­g one’s success.

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