Tejas Mehta

Senior Director
20+ years of experience in international and corporate tax
Deep expertise in direct tax strategy, compliance, and dispute resolution
Experience across financial services, technology, manufacturing, and healthcare sectors
Mumbai
@alvarezmarsal
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Tejas Mehta is a Senior Director with Alvarez & Marsal Tax in Mumbai. He specializes in direct taxes, with primary areas of concentration in international and corporate tax.

With more than 20 years of professional experience, Mr. Mehta has been a trusted advisor for several multinationals and large Indian corporates on direct tax planning strategies, compliances, and litigation matters. His client experience covers diverse industries, including the financial services, manufacturing, pharmaceuticals, and technology sectors. Mr. Mehta’s notable assignments have included supporting India’s largest public sector bank and one of the country’s oldest mutual funds on corporate tax matters, as well as assisting large UK- and Ireland-based Undertakings for Collective Investment in Transferable Securities (UCITS) and foreign pension funds with Indian tax matters. He also supported an insurance and asset management company (AMC) in its IPO-related tax matters and undertook a permanent establishment evaluation for a global insurance group entering a new complex Indian transaction.

Prior to joining A&M, Mr. Mehta spent more than 15 years with Deloitte India in Mumbai, where he served as an Executive Director. His responsibilities included devising technical- and commercial-based solutions, managing client relationships, collaborating with internal teams, and interacting with tax and regulatory authorities. Mr. Mehta also represented clients before appellate authorities and briefed senior counsels for proceedings at India's Income-tax Appellate Tribunal (ITAT), High Court, and Supreme Court.

Mr. Mehta earned a bachelor’s degree in commerce from Mumbai University and is a qualified Chartered Accountant (CA).

Insights By This Professional

The Supreme Court’s affirmation of the Delhi High Court ruling in the Progress Rail case provides important clarity on Permanent Establishment standards in India.
The decision reinforces key principles on control, core functions, agency thresholds, and profit attribution.
It further underscores that arm’s-length remuneration to Indian subsidiaries precludes additional attribution.
A significant development for multinational enterprises evaluating their India-linked operating models.
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