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CA M S Patil (Bcom., MCom, FCA)
Senior Partner | FCA | Audit and Taxation
CA M S Patil is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) with over
40 years of professional experience. He obtained his Certificate of Practice in 1984 and has
established deep expertise in tax consultancy, statutory audits, project finance, restructuring, and
regulatory compliance.
For over 22 years (2003-2025), CA M S Patil was associated as a Partner with M/s V.C. Shah & Co.,
Mumbai where he led various professional assignments and cultivated a long-standing client base.
After retiring from the firm, he formally joined M/s M S Patil and Co. as a Senior Partner on 01
April 2025, though he has been a mentor and advisor to our team since its inception.
He has guided several institutions from inception, helping them evolve into large, structured
organisations. As a strategic advisor, he has supported clients in finance, compliance, and
organisational restructuring, and has advised on project finance for loans from financial
institutions.
CA M S Patil has represented clients in income tax proceedings before Assessing Officers, appellate
authorities, and the Income Tax Appellate Tribunal (ITAT), and has collaborated with senior legal
counsels on High Court-level tax matters.
His practical insight, commitment to professional ethics, and mentoring approach have influenced many
professionals, including a large number of Chartered Accountancy aspirants. His steady guidance
continues to enhance the firm's delivery, integrity, and growth.
CA Akshay Manohar Patil (B.Com, FCA, DISA (ICAI), Registered Valuer - Securities
& Financial Assets)
Managing Partner | FCA | Audit, Taxation and Recurring Compliances
CA Akshay Patil is the Managing Partner of M S Patil & Co., a Fellow Chartered Accountant with over
13 years of experience, inspired by the legacy of his father, FCA Shri Manohar Sangappa Patil. He
has in-depth expertise in Project Finance, Direct and Indirect Taxation, Internal and Statutory
Audits, and Management Consulting. He has served clients across diverse sectors including
Manufacturing, Construction, IT, Banking, Media, Schools, Collages and Healthcare. He has
successfully led teams in managing outsourced accounting functions for clients in the manufacturing,
trading, and service sectors, ensuring the accuracy and compliance of their books of accounts.
As a Registered Valuer, he advises on Mergers & Acquisitions involving valuations, deal structuring,
due diligence, and taxation matters related to business transfers, sale/purchase of undertakings,
and transaction advisory. His leadership extends to guiding teams of assistants to maintain
financial records and implement efficient accounting practices for businesses.
CA Mansi Akshay Patil (B.Com, FCA, DISA, LLB)
Founder Partner | FCA | Accounting Advisory Services
Mrs. Mansi Akshay Patil is a Partner at M S Patil & Co., having qualified as a Chartered Accountant
in May 2011. She began her career as a consultant for a renowned firm in Colaba, specializing in
content management for professional websites before joining M S Patil & Co. in 2014. With extensive
experience in Internal Audits, Statutory Audits, Service Tax, and Sales Tax, she is well-versed in
regulatory compliance and corporate governance.
Her areas of specialization include the Companies Act, 2013, LLP formation and compliance, and tax
planning for High Net-Worth Individuals and Non-Residents. She advises on ROC return filings,
incorporation processes, and statutory compliance for Limited Liability Partnerships. Mrs. Mansi
Patil also handles Bank Audits, representations for Income Tax Assessments, and process optimization
for multinational companies. With a focus on technological enhancement, she integrates AI-driven
solutions to streamline accounting and compliance functions, ensuring timely, efficient, and
accurate service delivery.
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