About S.V. SHANBHAG & CO.

A house of practice since 1989 — precise, principled, present.

The story of S. V. Shanbhag & Co. — from a single founder's practice in 1989 to a well established firm — and the people who hold it together.

About us
Management
Our Legacy

INTRODUCTION

Established in 1989, S. V. Shanbhag & Co. (SVS) has grown to become a respected name in the field of Chartered Accountancy. Based in Vashi, Navi Mumbai, our firm has built a strong reputation for delivering comprehensive professional services grounded in integrity, technical excellence, and client-centricity.

As a firm registered with the Institute of Chartered Accountants of India (ICAI), we strictly adhere to professional standards and ethics. Over the decades, we have partnered with hundreds of businesses—ranging from dynamic startups to established corporates—helping them navigate complex financial and regulatory landscapes.

Our philosophy is simple: we believe in building long-term relationships. We don't just act as auditors or tax consultants; we act as trusted business advisors who are deeply invested in our clients' success.


7+

Areas of practice

1989

Year Established

40+

Year's of Experience

The Legacy

Reinforcing client positions,

one decade at a time.

Founded in 1989, S. V. Shanbhag & Co. has grown from a single founder's practice into a seven-division consultancy — drawing on a cumulative century of practical experience to evolve client businesses, fulfill objectives, and reinforce business position.

Milestones

A line drawn since 1989.

The Practice Begins

CA Satish V. Shanbhag founds the firm in Vashi, Navi Mumbai with a singular focus on integrity and craft.

1989

1995

Audit Division Established

Statutory, Tax & Internal audit practice formalised across corporate and non-corporate entities.

ICAI Leadership

Founder serves as Chairman of the Navi Mumbai branch of ICAI (2007-08).

2007

Indirect Tax Division

Dedicated GST & Indirect-tax practice scaled to serve mid-market and corporate clients.

2010

150+ Mentored Professionals

Crossed 150 trained articles, most now qualified CAs in industry and practice.

2020

Seven Specialised Divisions

A modern outlook reinforced by traditional wisdom — under one roof in Navi Mumbai.

Today

We work to evolve client businesses — and serve their aspirations.

Under the banner of S. V. SHANBHAG & CO., a steering team of experienced professionals and management consultants — drawn from a cumulative 100+ years of practical experience — offers the best value advice and services.

We unequivocally state that we exist to fulfill business objectives and, in the process, reinforce our clients' business position.

The people behind S.V.SHANBHAG & CO.

A cumulative century of experience.

Meet Our Team

We have an experienced and professionally focused team at the helm —

dedicated to providing efficient services in a consistent manner.


Founder Partner

CA Satish V. Shanbhag

Founder of S. V. Shanbhag & Co. with 40+ years of rich experience across Income Tax, GST, Business Management Consultancy, Arbitration, Project Financing and the Co-operative sector. He has mentored hundreds of CA trainees over four decades. Areas of Specialization -

  • Representation before Income Tax Authorities, CIT(A), ITAT, GST Tribunal.

  • Arbitration and Dispute Resolution. 

  • Project Financing & Investment Advisory

  • Data Analytic and adivsor on business planning

  • Financial analysis, ROI reporting & growth strategy

General Manager — Consultancy & Business Advisory                                     

Mr. Tanmaya Nayak

Associated for 27 years, heading the Consultancy & Business Advisory portfolio. Navigates the ever-shifting corporate landscape with precise, timely advice.

  • Entity registration & Business Agreements (Domestic & International)

  • Compliances under Companies Act, LLP, Partnership, MSME Act

  • Optimisation of Direct & Indirect taxes and documentation

  • Business Support Services by Consultancy on day to day basis

  • Drafting of Wills, Trust Deeds, MoUs and Business Agreements.

  • Project Financing services.

Partner — Audit Division

CA Tushal Shrivastava

With the firm for 17 years, leading the Audit Division. Specialises in Statutory, Internal and Tax Audits of Corporate, Non-Corporate entities and Banks.

  • Project Report preparation, Pre IPO review and Fund raising.

  • Taxation on Transfer of Assets.

  • Business Valuations and Due diligence for M&A, Amalmagation and Winding up

  • Advisor on International Remittance & Certification

  • Advisor on Corporate and allied laws


Senior Manager — Audit & Risk Assessment Division

CA Shilpa Bhanushali

Overall professional experience of 7 years overseeing the Audit department, experienced in both Corporate and Non-Corporate Audits.

  • Statutory, Internal and Tax Audits of corporate & non-corporate entities

  • Stock and Fixed Asset Verification Audits.

  • System Audits with practical, workable recommendations

  • Risk management & mitigation in client work environments

  • Structuring Client Business Agreements from Tax & Business perspectives

Senior Manager — Indirect Taxes

Mr. Abhijeet Jadhav

20 years with the firm, heading the Indirect Tax Division. Highly experienced in GST compliances, Assessments and Litigation practice figthing appeals upto CESTAT. 

  • New GST registrations, Shop & Establishment, NMMC Cess/LBT

  • Assessments under Service Tax, MVAT, GST, NMMC CESS, LBT

  • Periodic compliances under GST and allied laws

  • Representations before GST, MVAT and Service Tax Appellate Authorities

Partner — Direct Taxation

CA Vishakha Mhatre

6 years of experience in Direct Tax. Specialised in Income Tax Compliances, Scrutiny Assessments, Appeals before the Tax Authorities including Income Tax Appellate Tribunal .

  • Income Tax Appeal filing & submissions before appellate authorities

  • Income Tax scrutiny submissions & representation

  • Tax implication analysis on Client Agreements

  • Transfer Pricing reports; Trust formation & exemption advisory

Senior Manager — Accounts & HR

Ms. Sonal Jadhav

15 years with the firm, heading Accounts and HR. Tax planning advisory and complete office administration.

  • Tax planning & advisory services

  • Optimisation of Direct Tax & documentation

  • Accounting and ITR filing for clients

  • Compliances under Income Tax, PF, ESIC,PT and allied laws.