The Central Government vide Notification dated 11th October 2018 has made further amendments to Schedule III to the Companies Act, 2013 which contains general instructions for preparation of balance sheet and statement of profit and loss of a company
Division III has been inserted which relates to financial Statements for a Non-Banking Financial Company (NBFC) whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015.
Further, the changes to AOC-4 Non-XBRL Form necessitated by insertion of Division III in Schedule III of CA 2013 are under development and the revised form exclusively for such class of companies would be made available for filing purposes soon.
Once the form is deployed on MCA portal for filing purposes, it will be notified and adequate time would be given for filing the form without levying additional fee.
The notification dated 11th October 2018 is attached herewith: