About the firm

about

Our journey began in 1965, but we believe it’s only just begun.

Over the past 50 years, N.A. Shah Associates LLP has established itself as a niche professional services firm offering a suite of value-added services and consistently delivering authentic, simple solutions relevant to our clients’ complex challenges.

In the process, we’ve built a family of 125 – that’s what we prefer to call our team – that includes 8 partners and more than 50 chartered accountants, perfectly balancing experience and youth.

We recognize that today’s complex financial world requires simplicity and authenticity. From this we derive our commitment to deliver out-of- the-box solutions that are technically sound, innovative and actionable.

Apart from our people, our greatest assets are the relationships we have nurtured. These are based on our understanding of clients’ businesses and their objectives. Our focused approach rests on a foundation of wisdom and a passion for excellence.

Our Spirit

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Integrity

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Togetherness

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Wisdom

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Relevance

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Ownership

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Simplicity

Our Dream

“To be the champions of authenticity &
simplicity, providing relevant solutions for our
clients’ business challenges”

Our Focus

"To make a positive impact towards our clients,
organization & colleagues"

Our People

Ashok Shah
Ashok Shah

Ashok is a senior partner of the firm and has a strong legal and tax background with nearly 40 years of experience. He heads the firm’s Tax Advisory and Compliance practice.

  • His areas of expertise include:
  • Corporate Tax Advisory
  • Transaction Structuring – Domestic and Cross Border
  • Estate and Trust Planning
  • International Taxation and Transfer Pricing
  • Litigation Support Services

Ashok has advised a significant number of private equity funds, domestic and multinational corporations in areas ranging from designing efficient operating and tax structures, corporate reorganizations, M&As, etc. He has successfully represented clients before tax authorities at various levels on complex tax litigation matters.

Ashok has addressed various forums on diverse topics on domestic and international taxation. He is associated with various not-for- profit organizations.

He has a Bachelor’s degree in Commerce as also Law from the Mumbai University and qualified as a Chartered Accountant in 1977.

Jayendra Shah
Jayendra Shah

Jayendra is a senior partner at the firm with nearly 36 years of experience in advising a diverse set of clients in their business growth roadmap. He currently heads the firm’s Business Advisory and Family Governance practice areas.

His areas of expertise include:

  • Enterprise/Business Strategic Planning
  • Mergers and Acquisitions
  • Commercial Negotiations
  • Business Reorganizations
  • Family Governance

Jayendra has an established track record of continuously delivering value to clients and driving their growth over several decades. His exceptional business acumen and familiarity with the Indian business environment enables him to provide clients with key strategic inputs and simplified decision making frameworks. He is deeply involved with companies in real-estate, pharmaceuticals, textiles, media, technology and financial services industries and boasts of a strong network of relationships with Indian corporate leaders, banks, advisory firms and legal community.

He is a member of Board of Directors or Advisory Board in various Indian companies and is also the Investment Committee member for Trans-Continental Capital Venture Fund, a SEBI registered alternative investment fund focusing on sector agnostic investments in early stage companies in India.

He has a Bachelor’s degree in Arts from Mumbai University and qualified as a Chartered Accountant in 1980.

Sandeep Shah
Sandeep Shah

Sandeep is a senior partner at the firm with nearly 32 years of experience and leads the Audit & Assurance practice. Sandeep is a voracious reader and supports the think tank of the firm through his comprehensive understanding of various laws including Corporate Law, Indian regulatory and business environment.

Sandeep is known for his ability to assist businesses by anticipating changing patterns of business dynamics and addressing the challenges it poses and has serviced a diverse portfolio of industries through his career.

His areas of expertise include:

  • Auditing and Advisory role
  • Due Diligence
  • Impact of emerging new standards including compliance with laws and regulations

Sandeep is engaged with Institute of Chartered Accounts of India (ICAI) in various capacities and currently is co-opted member of the Accounting Standard Board of ICAI, member of the Shield Panel of the Research Committee for “ICAI Awards for Excellence in Financial Reporting”, member of the Financial Reporting Review Group, member of various committees formed by ICAI for formulation of Guidance notes. He is regularly invited to Outreach programs conducted by International Accounting Standards Board (IASB) in conjunction with ICAI in India for new IFRS standards. He also serves on the advisory or executive boards of various not-for- profit organizations including National Burns Centre, Vice President of the Indo African Chamber of Commerce and Industries,
Rotary District 3140 and many others.

He has a Bachelor’s degree in Commerce from the Mumbai University and qualified as a Chartered Accountant in 1984.

Naresh Sheth
Naresh Sheth

Naresh is a senior partner at the firm with nearly 34 years’ experience. He heads the firm’s Indirect Tax practice. He was founder of N. K. Sheth & Company and was instrumental in establishing reputed tax consultancy firm known for its expertise in service tax. Naresh was inducted as Partner in N. A. Shah Associates post the merger of N. K. Sheth & Company and N. A. Shah Associates.

His areas of expertise include:

  • Service Tax Advisory
  • Transaction Structuring
  • Service Tax Litigation Support Services

Naresh is known for his knowledge and wisdom on service tax related issues and his opinions on service tax matters are widely read and respected. Naresh has authored a publication “Service Tax – Construction related services” published by Bombay Chartered Accountants’ Society in June 2006 and then revised and reprinted in 2009, 2011 & 2013.

Naresh is a regular contributor to the Annual Budget Publication of Bombay Chartered Accountants Society and frequently contributes to various professional and tax magazines.

Naresh is a member of the Indirect Taxation Committee of Bombay Chartered Accountants’ Society and Chamber of Tax Consultants. Naresh believes in knowledge sharing and is a regular speaker at various professional and business forums.

He has a Bachelor’s degree in Commerce from the Mumbai University and qualified as a Chartered Accountant in 1982.

Milan Mody
Milan Mody

Milan is a partner at the firm with nearly 20 years of experience in Audit & Assurance services. He has had a brilliant academic record and was a rank holder at the intermediate as well as final examinations of the Chartered Accountants course.

His areas of expertise include:

  • Statutory Audit
  • Management Audit
  • Due Diligence Review
  • IFRS / Ind AS
  • Risk Assessment

Milan’s extensive knowledge and experience in Accounting Standards & Corporate Laws have been strong pillars for elevating the firm’s service capabilities. He has been a strong source of inspiration for young professionals within the organization.

Milan has contributed articles in professional journals like ICAI Journal, BCA Journal and IIA newsletter. He has also given presentations on internal audit and company law at CPE study circles and was a faculty for IAS (Internal Audit Studies) Course, which are conducted under the aegis of Bombay Chartered Accountants’ Society (BCAS)

He has a Bachelor’s degree in Commerce from the Mumbai University and qualified as a Chartered Accountant in 1997.

Gopal Bohra
Gopal Bohra

Gopal is a Partner at the firm with nearly 20 years of experience in direct tax services. He has advised a number of companies on corporate income tax matters including, International Tax matters and transfer pricing.

Gopal’s complete understanding of taxation laws enables him to provide clients with comprehensive and accurate tax advice to their current and future business issues.

His areas of expertise include:

  • Tax Compliance and Litigation
  • Transfer Pricing

He has a Bachelor’s degree in Commerce from the Ajmer University and qualified as a Chartered Accountant in 1998.

Prashant Daftary
Prashant Daftary

Prashant is a partner at the firm with nearly 14 years of experience in the Audit & Assurance practice. Starting as an article clerk back in 2001, Prashant’s dedication and passion towards his work has seen him being elevated to a Partner. Prashant has been involved with a cross section of clients in diverse sectors to help them bring a systematic, disciplined approach to evaluate and improve the effectiveness of risk management.

His areas of expertise include:

  • Management Audit
  • Internal Financial Controls
  • Due Diligence
  • Statutory Audit
  • Risk Assessment
  • Process Reviews

Prashant is an internal audit expert and has contributed significantly in shaping the firm’s management audit practice. Prashant has given presentations on internal financial controls at ICAI study circles.

He has a Bachelor’s degree in Commerce from the Mumbai University and qualified as a Chartered Accountant in 2004.

Parag Mehta
Parag Mehta

Parag is a Partner at the firm with nearly 20 years of experience in the firm’s Indirect Tax practice. Parag was previously associated with N. K. Sheth & Company and was inducted as a Partner in N. A. Shah Associates post the merger of N. K. Sheth & Company and N. A. Shah Associates.

Parag has been instrumental in providing successful solutions to some of the most complex service tax & compliance issues to some of the most reputed Indian & multi-national companies in India.

His areas of expertise includes:

  • Service Tax Compliances
  • Service Tax Advisory
  • Service Tax Due Diligence Reviews
  • Service Tax Litigation Support Services
  • Transaction Structuring

Parag is a regular contributor of articles in professional magazines such as Income Tax Review, Service Tax Today, Tax India Online, among others. Parag is also a regular speaker at various at various professional and business forums.

He has a Bachelor’s degree in Commerce from the Mumbai University and qualified as a Chartered Accountant in 1997.