Mehul Bhatia

• Leading the direct and indirect tax functions, ensuring early filing of all tax returns. Successfully identified and implemented process improvements, yielding significant cost savings for the group.
• Successfully led tax litigation efforts, securing favorable outcomes and safeguarding the group’s financial interests.
• Streamlined tax processes to achieve zero escalations
• Automated processes in collaboration with the IT team, reducing redundant efforts and enhancing compliance.
• Developed Tax training materials, facilitating knowledge sharing and addressing procedural queries.
• Restructuring Initiatives: Led a pivotal project on the restructuring of entities to optimize tax liabilities and a marked increase in the group’s overall valuation. Ensured seamless implementation of necessary changes across non-finance departments to align with the new structure.
• Accounts Payable (AP) Management: Leading the AP function for one entity, implementing process improvements that resulted in improved TAT & zero escalations.
• Audits and Internal Controls Strengthening: Conducted comprehensive audits of hospital processes, identifying areas for improvement and strengthening internal controls.

• Spearhead monthly and annual tax review processes, ensuring accurate tax filings and timely submissions.
• Collaborate with business development teams to assess GST implications for new products, driving compliance and innovative product offerings.
• Oversee monthly financial closings, MIS/P&L preparation, and facilitate audits by coordinating with statutory auditors and external tax advisors.

• Led advisory assignments in direct and international tax, focusing on compliance, withholding tax issues, and PE issues.
• Represented clients in tax litigation, managing submissions, and appeals to optimize tax positions and compliance.
• Assisted audit teams and managed indirect tax compliance, enhancing operational efficiencies and tax accuracy.

Provided pivotal support in indirect tax compliance and forex hedge accounting, contributing to accurate financial reporting and compliance.

Specialized in direct and indirect tax management, including preparation, filing of Income Tax, TDS, Tax Audit Reports, and computing advance tax liabilities for diverse entities. Assisted administratively in PAN, tax refunds, and regulatory clearances. Conducted over 22 statutory and tax audits, plus 10 internal audits across various sectors. Assisted in maintaining financial records, preparing asset registers, financial statements, and MIS reports.