{"id":2749,"date":"2016-10-12T15:38:19","date_gmt":"2016-10-12T10:08:19","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=2749"},"modified":"2023-03-13T23:28:30","modified_gmt":"2023-03-13T17:58:30","slug":"ministry-of-corporate-affairs-resent-changes","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/ministry-of-corporate-affairs-resent-changes\/","title":{"rendered":"MINISTRY OF CORPORATE AFFAIRS RESENT CHANGES"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dc6da2f36ac\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" 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href=\"https:\/\/carajput.com\/blog\/ministry-of-corporate-affairs-resent-changes\/#MINISTRY_OF_CORPORATE_AFFAIRS_RESENT_CHANGES\" title=\"MINISTRY OF\u00a0CORPORATE\u00a0AFFAIRS RESENT CHANGES\">MINISTRY OF\u00a0CORPORATE\u00a0AFFAIRS RESENT CHANGES<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/ministry-of-corporate-affairs-resent-changes\/#REVISION_THE_VERSION_OF_MCA_FORMS\" title=\"REVISION THE VERSION OF MCA FORMS\">REVISION THE VERSION OF MCA FORMS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/ministry-of-corporate-affairs-resent-changes\/#COSTING_TAXONOMY\" title=\"COSTING TAXONOMY\">COSTING TAXONOMY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/ministry-of-corporate-affairs-resent-changes\/#MCA_INVITING_COMMENTS_ON_DRAFT_REGULATION_ON_IBC_CODE_2016\" title=\"MCA INVITING COMMENTS ON DRAFT REGULATION ON IBC CODE, 2016\">MCA INVITING COMMENTS ON DRAFT REGULATION ON IBC CODE, 2016<\/a><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-23353\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Input-Tax-Credit-Implications-on-pre-packaged-good.jpg\" alt=\"Input Tax Credit Implications on pre-packaged good\" width=\"1200\" height=\"665\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Input-Tax-Credit-Implications-on-pre-packaged-good.jpg 1200w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Input-Tax-Credit-Implications-on-pre-packaged-good-300x166.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Input-Tax-Credit-Implications-on-pre-packaged-good-1024x567.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Input-Tax-Credit-Implications-on-pre-packaged-good-768x426.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Input-Tax-Credit-Implications-on-pre-packaged-good-800x443.jpg 800w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"MINISTRY_OF_CORPORATE_AFFAIRS_RESENT_CHANGES\"><\/span><span style=\"color: #000080;\"><strong>MINISTRY OF\u00a0CORPORATE\u00a0AFFAIRS RESENT CHANGES<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">As a part of ease of doing business government has once again further eased up the process of incorporation of a company by introduction of SPICE.<\/p>\n<p style=\"text-align: justify;\">I could term it as easiest and fastest process all over the globe to incorporate a company where in one can incorporate <a href=\"https:\/\/carajput.com\/blog\/process-of-company-registration-in-india\/\">company<\/a>, forget days in hours.<\/p>\n<p style=\"text-align: justify;\">Ministry of Corpoate Affairs has introduced SPICE (Simplified Proforma for incorporating Company electronically) w.e.f. 02.10.2016 in e-form INC-32.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong>Highlights of INC-32<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">1) This form can be filed even after approval of INC-1. This facility was not provided in INC-29.<\/p>\n<p style=\"text-align: justify;\">2) Memorandum of Association has been provided in Electronic Mode INC-33.<\/p>\n<p style=\"text-align: justify;\">3) Article of Association has been provided in Electronic Mode INC-34.<\/p>\n<p style=\"text-align: justify;\">4) By new e-MOA &amp; AOA, no need of signatures of subscribers. Instead of sign of subscribers DSC of Subscribers can be affixed on MOA &amp; AOA.<\/p>\n<p style=\"text-align: justify;\">5) By new e-MOA &amp; AOA no need of signatures of witness. Instead of sign of witness DSC of witness can be affixed on MOA &amp; AOA.<\/p>\n<p style=\"text-align: justify;\">6) Information in the form has increased in comparison to eForm INC-29.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"REVISION_THE_VERSION_OF_MCA_FORMS\"><\/span><span style=\"color: #000080;\">REVISION THE VERSION OF MCA FORMS<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">MCA has revised\u00a0the version of following e-forms\u00a0:<\/p>\n<table style=\"height: 840px;\" width=\"805\">\n<tbody>\n<tr>\n<td width=\"319\">FORM NAMES<\/td>\n<td width=\"319\">PARTICULAR<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form MGT-15<\/td>\n<td width=\"319\">Form for filing Report on Annual General Meeting<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form FC-3<\/td>\n<td width=\"319\">Annual accounts along with the list of all principal places of business in India established by foreign company<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form INC-4<\/td>\n<td width=\"319\">One Person Company- Change in Member\/Nominee<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form MGT-14<\/td>\n<td width=\"319\">Filing of Resolutions and agreements to the Registrar<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form 23C<\/td>\n<td width=\"319\">Form of application to the Central Government for\u00a0appointment of cost auditor<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form 23D<\/td>\n<td width=\"319\">Information by cost auditor to Central Government<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form A-XBRL<\/td>\n<td width=\"319\">Form for filing XBRL document in\u00a0respect of compliance report and\u00a0other documents with the Central\u00a0Government<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form I-XBRL<\/td>\n<td width=\"319\">Form for filing XBRL document in\u00a0respect of cost audit report and\u00a0other documents with the Central\u00a0Government<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form\u00a023AC XBRL<\/td>\n<td width=\"319\">Form for filing XBRL document in respect of balance sheet and other documents with the Registrar<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form 23ACA XBRL<\/td>\n<td width=\"319\">Form for filing XBRL document in respect of Profit and Loss account and other documents with the Registrar<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Form AOC-4 XBRL<\/td>\n<td width=\"319\">Form for filing XBRL document in respect of financial statement and other documents with the Registrar<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">Stakeholders are advised to check the latest version before filing.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"COSTING_TAXONOMY\"><\/span><span style=\"color: #000080;\">COSTING TAXONOMY<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Costing taxonomy 2012 for filing Forms I-XBRL and A-XBRL\u00a0along with business rules is available on XBRL portal w.e.f. 08\u00a0Oct\u00a02016. Please visit the portal for latest validation tool and plan your filing accordingly.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"MCA_INVITING_COMMENTS_ON_DRAFT_REGULATION_ON_IBC_CODE_2016\"><\/span><span style=\"color: #000080;\">MCA INVITING COMMENTS ON DRAFT REGULATION ON IBC CODE, 2016<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">The MCA has issued Notice inviting comments\/ suggestions on the draft regulations relating to Insolvency and Bankruptcy Code, 2016\u00a0available on the website of MCA.<\/p>\n<p style=\"text-align: justify;\">MCA had set-up a working group consisting of practitioners and experts for making recommendations for drafting regulations for registration and regulation of insolvency professionals and insolvency professional agencies under the Code.<\/p>\n<p style=\"text-align: justify;\">MCA, on behalf of the <a href=\"https:\/\/carajput.com\/blog\/category\/insolvency\/\">Insolvency<\/a> and Bankruptcy Board of India has invited comments\/\u00a0suggestions\u00a0which shall be submitted in the prescribed format\u00a0available on the website of MCA latest by\u00a028 Oct. 2016.<\/p>\n<p style=\"text-align: justify;\">The MCA has revised the version of e-forms: Form MGT-15, Form FC-3, Form INC-4, Form MGT-14, Form 23C, Form 23D, Form A-XBRL, Form I-XBRL, Form 23AC XBRL, Form 23ACA XBRL and Form AOC-4 XBRL, Costing taxonomy 2012 for filing Forms I-XBRL and A-XBRL w.e.f. \u00a008.10.2016.<\/p>\n<p style=\"text-align: justify;\">MCA has issued notice inviting comments\/ suggestions on the draft regulations relating to insolvency and bankruptcy code, 2016 available on the website of MCA.<\/p>\n<p style=\"text-align: justify;\">The MCA has released Updated C&amp;I Taxonomy 2016 for filing Annual Financial Statements in Form AOC-4 XBRL in respect of financial years commencing on or after 01.04.2014<\/p>\n<p style=\"text-align: justify;\">MCA has issued Notice inviting comments\/ suggestions on the draft regulations relating to Insolvency and Bankruptcy Code, 2016\u00a0available on the website of MCA.<\/p>\n<p style=\"text-align: justify;\">The MCA has revised the version of e-forms viz. MGT-15, FC-3, INC-4, MGT-14, 23C, 23D, A-XBRL, I-XBRL, 23AC XBRL, 23ACA XBRL, AOC-4 XBRL.<\/p>\n<p style=\"text-align: justify;\">MCA has released Updated C&amp;I Taxonomy 2016 for filing Annual Financial Statements in Form AOC-4 XBRL\u00a0in respect of financial years commencing on or after 01.04.2014.<\/p>\n<p>Read our articles:<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/learn\/tax-filing-changes-are-taken-into-account-when-making-the-itr-for-fy-20192020.html\">Tax filing Changes are taken into account when filing ITR for FY-2019-20<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/important-updates-on-the-reduction-compliance-obligation-under-atmanirbhar-scheme\/\">Reduction in compliance of obligation under Atmanirbhar Scheme<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/sec-54f-relief-available-in-entirety-if-investment-exceeds-sale-proceeds-irrespective-of-usage-of-housing-loan\/\">Section 54F, read with section 263, of the Income-tax Act, 1961<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/few-ways-through-department-is-monitoring-your-high-value-transactions\/\">Monitoring of high-value Transaction by Department<\/a><\/li>\n<\/ul>\n<p style=\"text-align: justify;\">We look forward for your valuable comments.\u00a0<a href=\"https:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Fwww.carajput.com%2F&amp;h=gAQHsWv16AQFzlc4f70dAECucTda_B9jilKfCgneeqqu7PA&amp;enc=AZPUk1qSy7_DGmookvElFjnUXYX3K0FPXVQ6LxfUnjgljqDX0P6jFZnpNH5t7Yt6TpvPD_TBP30DWaadPDKvaBy4FKUuIg27nk64qxy4GjjzfG96BrSAO9DKSM7QZ-zRr0H_1seDnwx81zv7LENE7mngqEq05doeSutrNoPIQRvjIbEFb_PEZA8D1pUlJzy7MCsIwWN_xt9o3UmaFFdtL9S1&amp;s=1\">www.carajput.com<\/a><\/p>\n<p style=\"text-align: justify;\">FOR FURTHER QUERIES CONTACT US: W:\u00a0<a href=\"https:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Fwww.carajput.com%2F&amp;h=SAQGflxq6AQEemiXU5m1Sleu5gX786YxP36euwMDL4osVrw&amp;enc=AZNOhiS8emvOi54UCNVnOtgbK0wGSKeEDPbJpQZAlf7cr5YxodSOowKyOSqQSaPOGvHdnvM7BqIC59kJjZSk01ga1fRZiYW43kCBMakJLj2AABFBk9rS2CYBcAfrJuc94lg0aPhuGpayaxGpsPeGoOhC-uzXppp1p3gEF_2Ypq758ZRU2ATuk77eX5g1paVf-MLMxpH-3DA9l9FUmq44lBe_&amp;s=1\">www.carajput.com<\/a> E: singh@carajput.com T: 9-555-555-480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MINISTRY OF\u00a0CORPORATE\u00a0AFFAIRS RESENT CHANGES As a part of ease of doing business government has once again further eased up the process of incorporation of a company by introduction of SPICE. I could term it as easiest and fastest process all over the globe to incorporate a company where in one can incorporate company, forget days &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,258,9027],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/2749"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=2749"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/2749\/revisions"}],"predecessor-version":[{"id":2753,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/2749\/revisions\/2753"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=2749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=2749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=2749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}