Our Team

We boast of a dedicated team of qualified professionals including chartered accountants, cost accountants, company secretaries, MBAs and finance graduates. Our partners have diverse experience in their areas of work and that brings on board a unique blend of expertise, commitment and problem-solving acumen. As a part of our organisational culture, we insist on constant updation of knowledge for all our employees. Our partners too have an urge to continuously improve upon their knowledge and service levels at all times.

Client relationship and service delivery at our Firm is led by our Partners

MUKUND CHITALE – MANAGING PARTNER

Mr. Mukund Chitale is Managing Partner of Mukund M. Chitale & Co. He has more than 40 years of experience on advising companies on their business, financial & strategic matters.

  • Mr. Chitale is widely regarded as an expert in accounting and auditing matters in India. His opinions are well sought on a variety of complex accounting and auditing matters. He has travelled extensively to more than 15 countries and has given more than 1000 lectures on a variety of topics at national and international levels.
  • He was the Chairman of the National Advisory Committee on Accounting Standards (NACAS), constituted by the Government of India from February 2011 to February 2013.
  • He was President of the Institute of Chartered Accountants of India (ICAI) during 1997-98; and a member of Central Council of ICAI during 1985-1998. He was Chairman of Western India Regional Council of ICAI during 1984-85. He was a member of The International Auditing Practices Committee of the International Federation of Accountants during January 1998 to June 2000.
  • He was the governing Council Member of Banking Codes and Standards Board of India nominated by Reserve Bank of India from March 2006 to 2015.
  • He was a member of Company Law Advisory Committee of Government of India in 1992 and 1993
  • He was a Member of Advisory Board on Bank, Commercial and Financial Frauds appointed by Central Vigilance Commission from July 2007 to June 2011.
  • He is a member of Primary Advisory Market Committee of SEBI.
  • He is chairman of Standing Committee on Accounting issues constituted by the Insurance Regulatory Development Authority of India (IRDAI)
  • He is the Chairman of Principal PNB Asset Management Co. Pvt Ltd, and serves as Independent Director on the Boards of Larsen & Toubro Ltd, Larsen & Toubro Infotech Ltd, Atul Ltd, Essel Propack Ltd, ASREC (India) Ltd., R R Kabel Ltd, ONGC Petro Additions Ltd, and Lodha Developers Ltd.
  • Earlier he has worked as an Independent Director on a number of Companies such as : ONGC, IDBI Bank Ltd., LIC Housing Finance Ltd., SBI Mutual Fund Trustee Co. Ltd., Citigroup Global Services Ltd.(E-Serve International), Deposit Insurance and Credit Guarantee Corporation, Bombay Stock Exchange (Appointed by SEBI), Foseco India Ltd, ONGC Mangalore Petrochemicals Ltd, L&T General Insurance Ltd and Trustee of SBI Mutual Fund.
  • He is connected with various social activities.

Email: mmc@mmchitale.com

ABHAY KAMAT – PARTNER

Mr. Abhay Kamat is a Partner and a Fellow member of the Institute of Chartered Accountants of India. He has rich experience in handling various kinds of audits. He has also undertaken audit of various public sector banks and co-operative banks as well as other business organisations.

  • He also has rich experience in handling Income Tax matters, including representation at Income tax Appellate tribunal level. He has been co-opted as member on various committees of Chamber of Income Tax Consultants and Western India Regional Council (WIRC) of ICAI.
  • He is a regular speaker on accounting, taxation and other financial matters at professional fora as well as at government organisations like Customs and Excise, Mumbai police, C&AG etc. He is an avid reader on technical matters and a contributor to various journals on accounting and taxation matters.
  • He is a member of a study group formed by the ICAI to revise the Guidance note on Bank audits and revision of LFAR for public sector banks. He was a member of the panel of examiners in Accountancy maintained by the Board of Studies of the Institute of Chartered Accountants of India from 1987 to 1993.

Email: akamat@mmchitale.com

SAURABH CHITALE –  PARTNER

Saurabh is a Partner and a Fellow member of the Institute of Chartered Accountants of India. He is also a qualified Information Systems Auditor and a Lead Auditor for conducting ISO Certification Audits.

  • He has a wide experience in audits – Statutory / Internal / Management covering Multinational Companies, Manufacturing concerns, Banks, Insurance companies, Mutual Funds and NBFC’s.
  • Saurabh is also a Empanelled Consultant with The World Bank.
  • Saurabh has worked in the past with BSR & Co. (Member Firm of KPMG International) for five years and worked in the Audit & Assurance department.

Email: schitale@mmchitale.com

SUSHRUT CHITALE – PARTNER

  • Sushrut is a Partner and leads the consulting division at Mukund M Chitale & Co. He works in the domains of financial valuation, due diligence, forensic analysis, investment banking and strategic planning for banks.
  • He undertakes financial valuation assignments on behalf of acquirers / investors or sellers / investees before any M&A / PE / foreign investment activity. He has worked with private equity funds and corporate clients in undertaking financial / tax / business due diligences on acquisition and investment opportunities, both inbound as well as outbound.
  • Sushrut has also been involved in undertaking forensic analysis on behalf of investigating agenciesand banks in India. He also works closely with companies in assisting them in their growth strategies.
  • He is also involved in strategic planning assignments for banks. As a part of this, Sushrut advises banks on their growth strategies (including geographies, products, policies, etc.)
  • Sushrut is a Chartered Accountant and a Cost and Works Accountant by education, and holds a Bachelors degree in Commerce. He has been a rank holder at the HSC examination, holding 11th rank in Mumbai. He has also been a rank holder at Foundation, Intermediate and Final levels of CA exam as well as Foundation, Intermediate and Final levels of ICWA exams. He secured 2nd rank at all India level in the ICWA final examination and 29th rank at all India level at the CA final examination. Sushrut is also a certified internal quality auditor.
  • He is presently an elected member of the Western India Regional Council of the ICAI for the 3rd consecutive term and throughout his tenure at WIRC, he has worked on various committees of the Council.
  • He is a regular speaker on due diligence, valuations, growth strategies at various professional for a as well as at government organisations.
  • He is connected with various social organisations.

Email: sushrut@mmchitale.com

KAVITA KANADE – PARTNER

  • Kavita is a Partner and a Fellow member of the Institute of Chartered Accountants of India. She is also a certified Information Systems Auditor.
  • She has completed Certificate course on International Taxation conducted by the Institute of Chartered Accountants of India. She has also attended intensive training program undertaken on IFRS, conducted by Institute of Chartered Accountants of India.
  • She has a vast experience of handling various audits and international taxation of companies and individuals. She regularly attends tax litigation matters on behalf of clients before Income Tax Authorities.
  • She has extensive experience in advising companies on setting up operations in India on their tax structuring matters. She leads the tax due diligence team at the Firm.
  • She has experience in handling service tax issues of clients including individuals & corporates and is associated with GST related activities for the office.

Email: kavita@mmchitale.com

MEENAL KALE – PARTNER

  • Meenal is a Partner and a Fellow member of the Institute of Chartered Accountants of India.
  • Meenal is a qualified system auditor. She has a wide experience in conducting audit of banks, NBFCs, entities in public sector, etc.
  • She has wide experience in representing clients at the Income Tax offices.
  • She has attended intensive training programs conducted by the Institute of Chartered Accountants of India for GST and handles GST compliances for the clients.

Email: mkale@mmchitale.com

VAIBHAV CHOUGULE – PARTNER

  • Vaibhav is a Partner and a Fellow member of the Institute of Chartered Accountants of India.
  • He has a wide experience in audits – Statutory / Internal / Management covering Multinational Companies, Manufacturing concerns, Banks, Insurance companies, Mutual Funds and NBFC’s.
  • He has also been involved in undertaking forensic analysis on behalf of investigating agencies in India. He also works closely with companies in assisting them in their growth strategies.

Email: vaibhav@mmchitale.com

NISHA YADAV – PARTNER

  • Ms. Nisha Yadav is a Partner and a Fellow member of the Institute of Chartered Accountants of India.
  • She has experience in Assurance Services of around 10 years.
  • She has conducted statutory Audits of manufacturing and service sector Companies, Educational and Charitable institutions, Insurance Companies, Mutual Funds, NBFC’s and other business entities.
  • She has been involved in undertaking forensic audits on behalf of the Firm.
  • She also works closely with companies in assisting them in their growth strategies.

Email: nyadav@mmchitale.com

NILESH JOSHI – PARTNER

  • Mr. Nilesh Joshi is a Partner and a Fellow member of the Institute of Chartered Accountants of India.
  • Nilesh Joshi has experience in Assurance Services of around 20 years.
  • He led special audit of a bank on behalf of RBI.
  • He handled Central Statutory Audit of Public Sector Banks, Foreign Bank Branches & Co-operative Banks.
  • He handled Statutory Audit of Foreign Re Insurance Company Branches, Mutual Funds, NBFCs and Internal & Concurrent Audit of Mutual Funds & Insurance Companies. He also has experience of special inspection of Mutual Funds.
  • He has been involved in special Assignments / management audit for Banks & Mutual Funds. He is a member of a study group formed by the ICAI to revise the Guidance note on Bank audits.
  • He has conducted valuations, due diligences for domestic and international investors.
  • He has been involved in reviews for processes of one of largest Registrar & Transfer Agent to make processes lean.

Email: nilesh.joshi@mmchitale.com

SUBHASH BHIDE – PARTNER

  • Mr. Subhash M. Bhide is a partner and a fellow member of the Institute of Chartered Accountants of India. He holds a Diploma in International Financial Reporting Standards [IFRS] from ACCA. He has undergone intensive training program on International Taxation conducted by the Institute of Chartered Accountants of India.
  • He has been imparting training to aspiring Chartered Accountants for more than 3 decades. He specialises in delivering training in Financial Reporting, Financial Management & Direct Tax including International Tax. He has conducted training courses for Corporates and CA firms on Accounting Standards, IFRS, Ind AS and Income Tax.
  • He handles technical aspects connected with financial reporting under AS and Ind AS, advisory/ constancy aspects including those connected with providing opinions relating to financial and taxation matters.

Email: subhash.bhide@mmchitale.com

PRIYANK SHARMA – PARTNER

  • Chartered Accountant and a Fellow member of the Institute of Chartered Accountants of India with more than 11 years of post-qualification experience in Audit and Assurance services with extensive experience in Statutory Audits.
  • He has wide experience in conducting statutory audits of the construction and Infrastructure sector Companies, manufacturing and service sector Companies, NBFCs, Venture Capital Funds, Data and Analytics Companies, Hotel Operating Companies, Lease Finance Companies, Pension fund Schemes, Agricultural products Trading Companies, and other business entities.
  • He has the experiences of handling the IPO and QIP issues of listed clients right from preparation of the restated financial statements to issuing of various certificates and other related assignments.
  • He have also handled various assignments of Forensic Audit, ICFR Control Testing, Internal Audit, Due Diligence, Transaction Audit under IBC, Tax Audit, Special Audits, etc.
  • He has the experience of leading the team in the Ind AS transition of big corporate clients which includes dealing with various complex transactions and their treatment under Ind AS and conversion & preparation of Financial Statements as per Ind AS.

Email: psharma@mmchitale.com