Clarification of applicability of XBRL for FY 2009-10 – MCA

The MCA has excluded the banking companies, insurance companies, power companies, NBFCs and overseas subsidiaries of these companies from the applicability of reporting of Balance sheet and Profit & Loss A/c for the year 2009-10 in XBRL language.

 

General Circular No.25/2011, dated 12.5.2011

All Regional Directors; All Registrar of Companies

Subject: Filling of Balance Sheet and Profit and Loss account in extensible Business Reporting Language (XBRL) mode.

The undersigned is to draw the attention on the Circular No. 9/2011 dated 31.03.2011 of this Ministry on the subject cited above. The following errata has been noticed which is rectified as under:-

2. In the said circular for clauses (i) and (ii) of paragraph 2 under the Heading Coverage in Phase I, the following shall be substituted and read as:-

“(i) All companies listed in India and their subsidiaries, having paid up capital of Rs. 5 crore and above or a turnover of Rs. 100 crore or above, excluding banking companies, insurance companies, power companies, NBFCs and overseas subsidiaries of these companies.”

 

J.N. TIKKU

Joint Director

 

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