The Ministry of Corporate Affairs (MCA) has issued a set of Frequently Asked Questions (FAQs) in relation to the use of V3 Portal.
V2 portal is Version 2 of the MCA portal which was used to file various forms relating to Companies and LLP’s . LLP Services have been discontinued on V2 portal and have been migrated to V3 portal.
The MCA is the process of upgrading the present version of the portal from Version 2 to Version 3. This is an enhanced version of the V2 portal and is presently live only for LLP’s from today.
The FAQ stated that LLP forms have been migrated to V3 while Company forms are still in the Version 2 of the portal. This phased migration is done to enable smooth transition of the portal. Both V2 and V3 are now working seamlessly.
With regard to the difference between the V2 and V3 portal, the FAQ stated that in the version 2, forms are required to be filled and uploaded in the portal while in V3 the forms are to be filled online. This enables user convenience including the ability to save a half filled form and file it later.
It further stated that a business user can be any of the following and they can access and file all the forms. There is no change in the naming or position of a Business user between V2 and V3.
Subscribe Taxscan Premium to view the JudgmentSupport our journalism by subscribing to TaxscanAdFree. Follow us on Telegram for quick updates.
