No Separate Application for TAN/PAN after filing SPICe E-forms: MCA Simplifies Company Incorporation Process

Company Incorporation

The Ministry of Corporate Affairs has simplified Company Incorporation process as a part of its continuous efforts for simplifying Incorporation related process for providing Ease of Doing Business to stakeholders.

The MCA will be dispensing with the requirement of separately uploading Forms 49 A& 49B after filing SPICe e-forms.

Accordingly, With effect from 6PM of 4th November 2017, stakeholders will not be required to upload signed 49A/49B using “Submit application for PAN/TAN” service, in respect of any fresh SPICe submission or Resubmission cases.

The MCA also clarified that PAN and TAN will continue to be issued as before based on the details submitted in the SPICe form itself.

taxscan-loader