MGI Worldwide welcomes new member firm BC Shetty & Co. of Bangalore, India
MGI Worldwide is proud to introduce new member firm, BC Shetty & Co, a 38-year-old, tech-savvy firm of chartered accountants, based in southern India’s Silicon Valley.
About BC Shetty & Co.
BC Shetty & Co. was established as a CA firm in 1985 with its head office in Bangalore and branch offices in Hubli, Mysore, Kundapura and Whitefield.
Over the past 3 decades the firm has consistently provided its clients with accounting, all types of audits as per Company Law and income tax planning, as well as transformational business advisory through Virtual CFO services, compliance like GST, and E-TDS. The firm’s major focus has been to attract MSME companies in Hospitality, Real Estate, Manufacturing and Turnkey Contracting Sectors. Its niche specialization is in serving the Information Technology (IT) Sector by aiming to build a strong culture of dedication, integrity, and ownership.
BC Shetty & Co. is continuously improving its processes to ensure high quality deliverables, always to encouraging team members to acquire new skills and qualifications, enabling them to help clients achieve their goals.
It is part of the firm’s culture to take time to understand its client needs and develop tailor made solutions, offering structured client update meetings every month.
Technologically advanced
Being a tech savvy firm, and in order to provide a seamless service to clients, BC Shetty & Co. uses the latest technology and specialised practice management tools which include: a dedicated client portal to manage work flow, tax filing software, cloud accounting software and cloud payroll software.
What motivated BC Shetty & Co. to join MGI Worldwide?
Ankith Shetty, Partner and Key Contact for MGI Worldwide, explains:
“As our number of clients started growing exponentially, their needs started out growing our capabilities. We felt that being part of an International Accounting network would help us leverage the capabilities of network members and thereby help us service our clients better. With MGI Worldwide’s global presence having an impactful footprint in over 100 countries, stress on audit quality, its membership of the Forum of Firms and membership ethos (personal, entrepreneurial, and global), we believe joining the network will further strengthen our position in the local market and attract global companies into our fold.”
Ankith Shetty B.Com, FCA, Dip IFR, CISA (Q), is a partner in the firm, with more than 10 year’s experience in handholding many multi-national companies entering India to set up their business operations. He has strong insights into complicated tax structure and compliance mandates relevant in India to ensure business owners can fully focus on their business and rest is taken care by his team.
He is a qualified Chartered Accountant (ICAI) and Information Systems Auditor (CISA) with certificate of Diploma in International Financial Reporting from ACCA apart from holding a degree in Bachelor of Commerce.
Ankith likes to setup systems and process flows internally as well as for clients to ensure reliability in business operations. Being a tech geek, he is eager to implement latest technology to automate practice and improve customer experience.
Specialisation: Business Setup, Accounting Outsourcing, Internal Audit
B Chandrashekar Shetty B.Com, FCA, is the founder partner at the firm, layed the foundation in 1985 after qualifying as a Chartered Accountant. He has been instrumental in creating a strong culture of dedication, integrity and ownership among the team
He specialises in Income Tax matters and represents clients upto highest level of Income Tax Authorities. As a senior partner, he now looks at overall management of the firm and advises marque clients on Tax planning and business management.
He also participates in social communities to promote education at all levels and through his trust offers scholarship programs for needy CA students.
Specialisation: Income Tax, Succession planning
Industry: Construction, Real Estate, Hospitality, Education
Sarvothama Shetty is an Fellow Member of ICAI (FCA) who currently manages Malleshwaram operations.
He is in practice for 10 years, he handles Labour law compliance and GST compliance services . He handles Tax planning & Filing of Returns for all entities viz., Individuals, HUF's, Firms, Companies, and Trusts etc. He will represent before Income tax and Commercial tax authorities up to appeal level.
He is having experience in accounts, Audit, Budgeting, Taxation and TDS. He helps in getting Lower TDS certificates for individuals and companies. He is specialized in audit and Taxation. He will provide Income tax consultancy services for transfer pricing, proper tax planning, indirect advisory services including GST.
He handles company incorporation, filing of annual returns and various forms, documents and secretarial compliance like change of name, objects, registered office etc. he helps the client in getting various registration like professional Tax, GST, IEC etc.
Specialisation: Income Tax, Labour Law, Company Audit
Industry: Information Technology, Retail Trading, Hospitality
Bharathish Upadhyay B.Com, CA graduate and a qualified Chartered accountant who manages Kundapura(Koteshwara) Branch operation.
I am actively engaged in a full service multi-disciplinary practice under core service verticals such as Taxation, Regulatory, Advisory, and Audit and Assurance.
Dinesh S B.Com, LCS, CISA,FCA is an Associate Member of ICAI (ACA) who currently heads Mysore branch operations.
He is versatile in Audit under IS environment and Direct Taxation. He has wide exposure in Audit of various entities such as Banks, Public Sector Undertakings and other Corporate & Non-corporate entities. He is also involved in Company incorporation/ Compliance services, new business setting-up services and other business related services.
Specialisation: Business Setup, Accounting Outsourcing, Company Audit
Industry: Information Technology, Manufacturing, Banking
Shambhu is a B.Com Graduate and Member of ICAI. As a partner of BCS he is handling Taxation matters and Auditing, particularly Income tax return filing, Income Tax Audits and Statutory Audits. He is specialized in Tax and Statutory Audit of companies and firms and has exposure in Internal / Concurrent audit of Banks. Also he has good experience of Accounting/book keeping. Currently he is heading Accounting and Audit team.
Dinesh N is a Qualified Chartered accountant and a Bcom graduate with 3 years of Experience. He is a Manager in BC Shetty and Co. He is currently handling Tax and Statutory audits of companies and firms. He also has experience in Internal Audit, MIS Reporting, Due Diligence, Transfer Pricing Study, automation of accounting process in start-ups, & Representations in Assessments and Appeal cases
Specialisation: Income Tax, GST, Company Audit
Industry: Information Technology, Retail Trading, Hospitality
Siva Krishna CA is a qualified chartered accountant from ICAI. Having good exposure in Statutory Audits, Internal Audits, Cost Audits & Tax Audits.Good at tax planning, handling tax notices & assessments, resolving tax issues
Interested in solving the Business problems to the extent related to Finance, Taxation, Statutory compliances, Transformation of loss-making companies into profit making companies.Interested in Business Advisory for Startups in the areas of Taxation, Bookkeeping, Cost Management, Inventory Management, Statutory compliances, MIS Reports and Due diligence reports.
Specialisation: Income Tax, Book Keeping, Company Audit
Industry: Information Technology, Retail Trading, Hospitality
Stephen Boaz BBA a Graduate with Bachelor's in Business Administration working as a Customer Relationship Manager at the Whitefield branch in BC Shetty & Co. Comes from an IT background having executed different roles for client projects across industries including BSFI segments.
Now works in close coordination across departments (GST, Accounts, Tax & Audit, Compliance) partners, experts, managers, and staff by front-ending BCS services and expertise by engaging in serving Individual to MSME clients right from enquiries, onboarding to improving customer experience through Tangible, Assuring, Responsive, Empathy services delivery to build brand loyalty of satisfied clients.
Shiva Shankara Manja B.Com who has completed Bachelors of Commerce and is currently assisting the payroll process and actively helping us with building client relationship in B C Shetty & Co.
He has 38 years of experience in cross functioning HR Compliance , Accounts Payable & Receivable, Payroll Administration, Supply Chain Management, Accounting functions and Process simplification & Automation.