Chartered Accountants  ·  Established 1991

Bhave &
Mantri LLP

Consistency · Value-Addition · Integrity

A 35-year multidisciplinary practice in audit, taxation, and advisory.

35
Years of Practice
5
Partners
7
Branch Offices
Explore
01

About the Firm

A multidisciplinary practice in audit, taxation, and advisory — built on a heritage of professional integrity and contemporary capability.

Established in 1991, Bhave & Mantri LLP has, over the past 35 years, served as a professional services firm built upon a foundation of integrity, intellectual rigour, and commitment to clients. The firm operates as a multidisciplinary practice led by five partners and supported by a professional team.

Our work spans assurance, taxation, regulatory compliance, corporate advisory, forensic services, and strategic business consulting. We combine technical depth, sectoral insight, and a disciplined service philosophy in serving our engagements.

The firm has successfully completed peer review by the Institute of Chartered Accountants of India, and is empanelled with the Comptroller and Auditor General of India, the Reserve Bank of India (Multipurpose Empanelment Form, Category I), and the Economic Offences Wing, Government of Maharashtra.

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Heritage

Thirty-five years of continuous professional service since 1991.

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Rigour

Peer-reviewed practice with empanelments across CAG, RBI and EOW.

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Breadth

A one-stop-shop combining audit, taxation, advisory, and forensic capabilities — enabled by deep cumulative experience.

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The Firm at a Glance

Constitution Limited Liability Partnership
ICAI Firm Registration No. 120539W/W101192
LLP Identification No. ACU-3592
RBI MEF Code 892321 · Cat. I
CAG Empanelment No. WR4864
Co-operative Empanelment 1020784 · A1
CRCS Empanelment No. 4721
GSTIN 27AASFV2290B1ZZ
Peer Review Completed · Certificate No. 016497
Forensic Audit Empanelment Economic Offences Wing (EOW), Government of Maharashtra
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Technology, Data & AI

Information Systems Audit

Partner-level Diploma in Information System Audits (DISA) from ICAI, supporting structured IT audit and controls assurance.

Artificial Intelligence

ICAI Certificate Course on Artificial Intelligence completed at the Managing Partner level, informing the firm's adoption of AI-enabled work practices.

IT & Process Audits

Dedicated IT, systems, and process audit capability embedded within the firm's internal audit and assurance practice.

Data Analytics & MIS

Data analysis, MIS preparation, benchmarking, and structured reporting delivered through outsourced and co-sourced engagement models.

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Leadership & Partners

Bhave & Mantri LLP is led by five partners whose combined expertise represents over a century of cumulative professional practice.

I
ICAI145282 COP28·02·2012

CA Nishant Mantri

Managing Partner  ·  Chh. Sambhajinagar

With 14 years of professional experience, CA Nishant Mantri serves as Managing Partner of the firm, leading practice areas across Management Consultancy, Business Restructuring, International Transactions, Internal Audits, Corporate Advisory, Statutory Audits, and Direct Taxation. His engagements emphasise solution-orientation, technical proficiency, and value-driven client outcomes.

He has been instrumental in developing financial strategies aligned with organisational objectives, leveraging contemporary technology and analytical rigour to deliver insights that extend beyond compliance.

B.Com FCA DISA (ICAI) Concurrent Audit of Banks Artificial Intelligence (ICAI)
II
ICAI031811 COP16·09·1991

CA Vinayak Bhave

Founding Partner  ·  Pune

A Chartered Accountant since 1979, CA Vinayak Bhave brings depth of experience accumulated over 37 years in industry services and 15 years of full-time professional practice. His industry exposure spans an Engineering company, a State Government Federation, and a Central Government Public Sector Undertaking.

His core practice areas include Statutory Audit, Financial Management, Project Finance, Taxation Advisory, and Representation and Litigation. He is widely recognised in Pune for his command of direct taxation, having established himself as a distinguished authority in the field.

B.Com FCA
III
ICAI109005 COP01·08·2000

CA Vijay Jadhav

Founding Partner  ·  Satara & Pune

A practitioner with 26 years of dedicated professional practice, CA Vijay Jadhav serves as a strategic anchor for the firm, offering steadfast leadership, mature judgement, and strong technical guidance to clients across Pune and Satara.

His core expertise lies in Taxation Advisory, Audit and Assurance, and Management Consultancy, with a record of navigating complex tax matters across a diverse clientele — Companies, Individuals, Proprietorships, Partnerships, LLPs, Banks, Trusts, and Co-operative Societies.

B.Com FCA LLB GDC&A PGDBM Co-op Audit (ICAI) Concurrent Audit (ICAI)
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ICAI193867 COP31·10·2019

CA Sagar Parsewar

Designated Partner  ·  Pune & Nanded

A Chartered Accountant based in Pune, CA Sagar Parsewar serves as Designated Partner, specialising in Audit and Assurance services for large and mid-sized enterprises. His focus areas include Statutory Audits, Internal Audits, Internal Controls, and Direct and Indirect Taxation.

Over six years of practice, he has advised a diverse client base in matters relating to GST, Income Tax, and management consultancy. His core strength lies in rigorous statutory and internal audit execution.

M.Com FCA Public Finance & Govt. Accounting Concurrent Audit of Banks Ind AS Forensic Accounting & Fraud Detection Start-up Co-operatives Real Estate Laws IPR Laws Overseas Outsourcing (US) Sustainability & BRSR Equity Research GST AI for CA (AICA-L1) NPO Anti-Money Laundering Investment Banking
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ICAI626589 COP16·04·2024

CA Tejashri Deshpande

Partner  ·  Ahilyanagar

A Chartered Accountant with an analytical foundation, CA Tejashri Deshpande engages across audit, assurance, taxation, and financial reporting. Her professional approach is defined by precision, regulatory awareness, and a commitment to value-driven advisory.

She supports clients on matters relating to Goods and Services Tax (GST), Income Tax, and financial management, with focus areas including Audit and Assurance, compliance management, and tailored advisory.

B.Com ACA
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Service Capabilities

An integrated portfolio of professional services structured around six core wings.

→ 01

Audit & Assurance

Statutory, internal and specialised audits aligned with Indian GAAP, Ind AS, and global standards.

→ 02

Corporate Advisory

Strategic counsel on governance, financial management, business structuring, and growth.

→ 03

Mergers & Acquisitions

End-to-end M&A support — structuring, diligence, regulatory approvals, and integration.

→ 04

Direct & Indirect Taxes

Tax advisory, compliance, planning, and representation across Income Tax and GST.

→ 05

Management Audit

Process, controls, operational, and management audits driving efficiency and accountability.

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International Transactions

Cross-border structuring, FDI / ODI advisory, transfer pricing, and FEMA compliance.

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Areas of Practice

The firm undertakes engagements across the following practice areas.

01

Audits & Assurance under Statutory Acts

Statutory audits under the Companies Act, Income Tax Act, and GST Act — covering listed companies, multinational corporations, subsidiaries of listed entities, and consolidated financial statements under Indian GAAP and Ind AS. PSU audits assigned by the Comptroller and Auditor General of India, alongside audits of departments of the Government of Maharashtra.

02

Internal Audits

Financial / Controls Audits, Compliance Audits, Operational Audits, Special Investigations, Follow-up Audits, Validation Testing, IT and Process Audits, and Management Audits.

03

Management Consultancy

Advisory on capital budgeting, process optimisation, business strategy, risk mitigation, and financial planning. Design and implementation of financial and control systems; Virtual CFO engagements.

04

International Transactions & Taxation

Inbound Investments — subsidiary / branch establishment in India and FDI advisory. Outbound Investments — ODI and Liberalised Remittance Scheme structures.

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Taxation Advisory & Planning

Income Tax Act — advisory, compliance, representations, project-based tax planning, litigation strategy, and support for High Court and Supreme Court matters. GST Act — registration, return filing, transaction advisory, refunds, audits, and representation.

06

Bank & NBFC Audits

Statutory, concurrent, stock, systems, fixed-asset, and revenue audits across branches of nationalised, co-operative, and private banks, including NBFCs.

07

Corporate Restructuring

End-to-end advisory on Mergers, Company-to-LLP conversions, Acquisitions, Joint Ventures, Demergers, and Slump Sales — including scheme drafting, regulatory filings, approvals, taxation, and documentation.

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Project Finance

Assistance in arranging financing from nationalised and co-operative banks, External Commercial Borrowings, and private funding. Empanelled with the Government of Maharashtra for project reports of agriculture-related companies.

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Incentives & Subsidies

Advisory on Central Government and Government of Maharashtra subsidies, and on conditional incentives and deductions under the Income-tax Act.

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Transfer Pricing

Co-sourced transfer pricing studies and report preparation; audits of transfer pricing transactions — domestic and international.

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Business Valuations

Business and intangible-asset valuations, conducted and certified across sectors.

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Start-up & Secretarial Services

Incorporation and ongoing management of Companies and LLPs in coordination with the Registrar of Companies.

13

Ind AS Implementation

Adoption and transition to Indian Accounting Standards — gap analysis, preparation and review of Ind AS-compliant financial statements.

14

Due Diligence

Due diligence engagements for companies undergoing takeover transactions.

15

Intellectual Property

Registration and management of Trademarks, Copyrights, Patents, and Trade Secrets in India.

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Legal Drafting

Drafting of agreements, deeds, and transactional documents.

17

Accounting System Adoption

Advisory on mercantile accounting adoption.

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Start-up Funding

Consultancy for start-ups — from 'Startup India' registration through to venture capital and investor-led funding.

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Outsourcing & Co-sourcing

Bookkeeping, MIS preparation, data analysis, benchmarking, and indirect-tax return filings.

20

Tailored Engagement Support

Turnkey projects, tender applications, feasibility studies, due-diligence support, vendor audits, and investment advisory.

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Forensic Audit

Forensic audit and investigation services — fraud detection, fund-flow analysis, and findings reporting. Empanelled with the Economic Offences Wing (EOW), Government of Maharashtra.

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Offices & Contact

Corporate Office

Chh. Sambhajinagar

'Infiven', Office No. 7 & 6, 'Centre Point' Building, Beside Kranti Chowk Water Tank, Jalna Road, Chh. Sambhajinagar — 431001

T0240-2952777 M+91 92247 77777 Eceo@bhavemantri.com
Pune Branch — I

Pashan, Pune

Flat No. 1, Madhu-Aparna Apartment, Plot No. 24, Vardayani Society, SUS Road, Pashan, Pune — 411021

T020-29523206 M+91 83905 58928 Evinayakbhave@rediffmail.com
Pune Branch — II

Sinhgad Road, Pune

Flat No. A-401, Kamal Society, S. No. 10/8/1, Vadgaon Budruk, Sinhgad Road, Pune — 411051

M+91 98236 64877 Evijay180165@gmail.com
Pune Branch — III

Manjari Budruk, Pune

S. No. 105, Rajbaug Society, Manjari Road, near Dhere Banglow, Takale Nagar, Manjari Budruk, Pune — 412307

M+91 98236 64877 Evijay180165@gmail.com
Satara Branch

Satara

Plot No. 5, Pushkaraj, S. No. 55/2A, Shrinagar Colony, Sangamnagar, Satara — 415003

M+91 98236 64877 Evijay180165@gmail.com
Ahilyanagar Branch

Ahilyanagar

110, First Floor, Ariyana, Opp. Shramiknagar, Kushthadham Road, Savedi, Ahilyanagar — 414003

M+91 74209 10106 Etd21162@gmail.com
Nanded Branch

Nanded

Bhausar Chowk, Mantri Nagar, Taroda Khurd, Nanded — 431601, Maharashtra

M+91 98601 06015 Ecasagarparsewar@gmail.com