MCA21 Version 3.0 1st Phases launched by Ministry of Corporate Affairs
MCA21 Version 3.0 1st Phases launched
MCA21 Version 3.0 (V 3.0) 1st Phases was today launched by Ministry of Corporate Affairs. As per press release issued in this regard, the MCA21 Version 3.0 comprises of revamped website, new email services for MCA Officers and two new modules, namely, e Book and e Consultation during a virtual event.
It is expected that the launch of new MCA21 Version 3.0 will refresh the user experience with enhanced look & feel, the e-book will provide easy access to the updated legislations along with a tracking mechanism for historical changes in law.
The e-consultation module will facilitate:
-
virtual public consultation of proposed amendments and new legislations to be introduced by MCA from time to time.
-
leverage Artificial intelligence for compiling, grouping and categorizing comments/inputs received from stakeholders and create analytical reports for quick policy decision making.
-
new email service for officers of MCA will provide them with advanced features and capabilities for organised and managed communication with internal as well as external stakeholders.
It is also expected that MCA21 V3.0 will reduce the requirements of attachments, make the forms as web based and strengthen the pre-fill mechanism. Secretary MCA stated that the data analytics driven MCA21 V3.0 will give new meaning to corporate compliance culture and will further enhance the trust and confidence in the Corporate regulatory and governance system.
- GST Act requires personal hearing either on request, or when adverse order is contemplated
- Once registration u/s 12A granted, registration u/s 80G cannot be refused – SLP dismissed
- NFAC dismissed appeal despite part reply filed and further time sought – case remanded
- In DBFOT contract assessee entitled to depreciation on “Right to Collect Toll” as intangible asset
- Appellate remedy is created to rest dispute, not to accelerate it – ITAT remands the case
