What Bansi S. Mehta & Co. does

Bansi S. Mehta & Co. is a Mumbai-headquartered chartered accountancy partnership firm founded in 1958 by Mr. Bansidhar S. Mehta. The firm delivers professional services across 13 practice areas spanning direct and indirect tax (including GST), audit and assurance, Ind AS implementation, transaction support and valuation, international tax and transfer pricing, FEMA advisory, family settlements and succession planning, startup advisory, and sustainability/ESG services. It operates through six offices in Mumbai, Delhi, Surat, Chennai, Hyderabad, and Ahmedabad, and serves corporate clients, family businesses/HNIs, and startups across India and internationally.

The firm is structured as a partnership led by 24 experienced partners supported by over 175 professionals (225+ after the 2024 merger with Karra & Co.). It has no disclosed technology platform, proprietary software, or AI/ML capabilities; its value delivery is built entirely on human expertise in Indian tax and regulatory matters. Revenue is generated through fee-based professional services engagements quoted on a scope-and-complexity basis, with no disclosed subscription or recurring-revenue pricing. Marketing and thought leadership are delivered through a Knowledge Centre, periodic newsletters (BSM Direct Tax Insights, The Indirect Edge), and a LinkedIn/YouTube/Facebook presence.

The firm's expansion strategy has been primarily inorganic (the Karra & Co. merger) combined with adjacent practice line additions (Startups, Sustainability). Service delivery is consultant-led rather than tech-led, which differentiates BSM from tech-enabled tax/audit startups and aligns it more closely with traditional mid-tier Indian CA firms, though it remains significantly smaller than the Big Four.

Name

Bansi S. Mehta & Co.

Legal name

Bansi S. Mehta & Co.

Website

https://bansimehta.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

101–250 employees

Short description

Bansi S. Mehta & Co. is a Mumbai-headquartered chartered accountancy partnership founded in 1958, delivering tax, audit, transfer pricing, FEMA, M&A advisory, and sustainability services through six Indian offices to corporates, family businesses, and startups.

Ownership category

akta.pro rank

Product category

Chartered Accountancy and Tax Advisory Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Other Accounting Services (541219)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Management Services (8741)

akta.pro primary industry

Transaction Services (Financial, Tax & Commercial Due Diligence) (BPAHAOAB)

akta.pro secondary industry

Transaction Tax Structuring & Deal Advisory (BPAHAOAJ)

Keywords

• Chartered accountancy services
• Tax advisory consulting
• Audit assurance services
• Transfer pricing advisory
• Corporate transaction support

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services Fees: The firm generates revenue through fees for professional services including tax advisory, litigation and compliance services, audit and assurance, transaction support, valuation, international tax, transfer pricing, FEMA advisory, and other certifications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Bansi S. Mehta & Co. is a Chartered Accountancy firm that delivers professional services across direct tax, indirect tax (including GST), audit and assurance, international tax and transfer pricing, transaction support and valuation, Ind AS implementation, FEMA advisory, succession planning, family settlements, startup advisory, and sustainability/ESG services. The firm serves corporate clients, family businesses, HNIs, and startups from six Indian offices led by 24 partners and over 175 professionals.

Product overview

Bansi S. Mehta & Co. is a chartered accountancy firm founded in 1958, offering professional services rather than a software product. The firm provides a comprehensive suite of 360-degree solutions across 13 distinct service areas: Direct Tax Services, Indirect Tax Services (including GST), Health Checks for tax compliance, Audit and Assurance, Ind AS Implementation and Accounting Advisory, Transaction Support (M&A advisory and valuation), International Tax and Transfer Pricing, Family Settlements, Succession Planning, FEMA Advisory, Startups Services, Other Certifications, and Sustainability Services (including ESG and emissions quantification). The services are delivered by 24 experienced partners leading a team of over 175 professionals from offices in Mumbai, Delhi, Surat, Chennai, Hyderabad, and Ahmedabad.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Tax Services Comprehensive direct tax services covering advisory, litigation and advocacy, and compliance work such as tax return filing, withholding tax, regulatory approvals, and tax audits for corporate and HNI clients.
• Indirect Tax Services End-to-end indirect tax services covering GST, HSN classification, valuation, place of supply, input tax credits, supply chain structuring, anti-profiteering studies, and litigation management.
• Health Checks (Direct Tax and Indirect Tax) Targeted tax diligence reviews covering tax claims, deductions, exemptions, TDS/TCS compliance, and indirect tax process reviews to confirm transaction-level tax compliance.
• Audit and Assurance Statutory audits, tax audits, transfer pricing audits, special audits under the Income Tax Act, internal audits, and certifications under various provisions for corporate and institutional clients.
• Ind AS Implementation and Accounting Advisory End-to-end Ind AS implementation including identification of adoption requirements, impact assessment, policy selection, adoption support, and post-implementation accounting advisory.
• Transaction Support (Advisory and Valuation) Financial and tax due diligence, holistic tax structuring, business valuations, intangible valuations, and valuations at the behest of regulators to support mergers, acquisitions, and restructuring.
• International Tax and Transfer Pricing Advisory on inbound and outbound structuring, POEM evaluation, withholding tax provisions, BEPS and MLI implications, master file and CbCR provisions, Form 15CB issuance, and transfer pricing audits with benchmarking.
• Family Settlements Family settlement services including restructuring advisory, valuation, tax advisory support, and representation before mediators and authorities for family businesses and HNIs.
• Succession Planning Advisory on business reorganisation, family arrangements, Trust setup, and drafting of wills and Trust deeds for succession and intergenerational wealth transfer.
• FEMA Advisory Opinions and advisory on Foreign Exchange Management Act compliance, cross-border business transactions, foreign investments, external commercial borrowings, and RBI/DPIIT filings.
• Startups Services End-to-end guidance for entrepreneurs covering startup structuring, shareholders' agreements, LLP deeds, investment pitch decks, business valuations, tax advisory, and financial/accounting/tax diligence.
• Other Certifications Assessments for fund utilisation, end-use analyses for Section 14A, 80IA, 80IB, CSR activities, loan utilisation, and pre-IPO certifications.
• Sustainability Services

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Karra & Co.majorStrategic or Co-development Partner · 1 January 2024In 2024, Bansi S. Mehta & Co. expanded its presence in South India through a merger with Karra & Co., a reputed CA firm with a legacy spanning over 75 years. This strategic merger strengthened the firm's regional presence and expanded its talent pool.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• BDO India: Major mid-tier global accounting network in India. Offers tax, audit, and advisory services competing with BSM, particularly for mid-market corporates and family businesses.
• Deloitte India: Big 4 firm offering tax, audit, advisory, and consulting in India. Directly competes with BSM for mid-to-large corporate clients in tax advisory, transfer pricing, and transaction support, but operates at significantly larger scale with a global network.
• Grant Thornton India: Global mid-tier firm with strong India tax, audit, and transaction advisory practice. Closely comparable to BSM in scale and service mix, serving similar mid-to-large corporates and HNIs.
• PwC India: Big 4 firm providing tax, audit, and consulting services in India. Overlaps directly with BSM's core tax advisory, audit, and transaction support practices, serving similar corporate and HNI clients at larger scale.
• EY India (S.R. Batliboi & Co.): Big 4 firm offering tax, audit, and advisory in India. Competes with BSM across audit & assurance, direct/indirect tax, and transaction advisory for enterprise clients, with deeper international reach.
• KPMG India: Big 4 firm with strong India presence in tax, audit, and advisory. Competes for the same corporate tax and M&A advisory mandates as BSM, with broader global resources.

Direct peers

• ASA & Associates LLP: Indian chartered accountancy firm with multi-office presence offering tax, audit, transaction advisory, and business advisory services. Comparable in scale, service breadth, and target client segments (corporates, family businesses).
• K. C. Mehta & Co. Reputed Indian CA firm with comparable heritage, multi-office presence, and services spanning direct/indirect tax, audit, transfer pricing, and transaction support. Closely comparable in size and service mix to BSM.
• N. M. Raiji & Co. Long-standing Indian chartered accountancy firm providing audit, tax, and advisory services. Direct peer in partner-led mid-tier model, legacy brand, and full-service offerings for corporates.
• Lodha & Co. Established Indian chartered accountancy firm offering audit, tax, and advisory services. Direct peer to BSM in heritage (founded 1941), partner-led model, and full-suite tax/audit/transaction offerings serving corporates and family businesses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@bansimehtaandco
• Facebookfacebook.com/BansiSMehta
• LinkedInlinkedin.com/company/bansi-s-mehta-co

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bansi S. Mehta & Co.