Taxonomy for XBRL Reporting

MCA XBRL Filings enabled from 14th Oct, 2012

Final version of the MCA XBRL Validation Tool (for Financial Statements based upon new Schedule VI of the Companies Act, 1956) has been released. XBRL filings of financial statements for accounting year commencing on or after 01.04.2011 have been enabled on MCA website with effect from 14.10.2012. Stakeholders are also advised to refer to the… Read More

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XBRL goes Topsy Turvy – Unlisted Companies again in the ambit

MCA has issued General Circular 37 dated 7th June, 2011 on XBRL which supercedes its earlier two circulars on the subject. The implication of the above circular no. 37 is that even unlisted companies having a paid-up capital of Rs. 5 crores or more OR a turnover of Rs. 100 crores or more come under… Read More

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Revised Notification and FAQs for filing Balance Sheet & Profit & Loss in XBRL mode

Gen. Circular 37/2011 dated 7th June, 2011, GOI; MCA CLR Note: MCA has issued a circular with regard to the filing of Balance Sheet and Profit & Loss Account in the extensible Business Reporting Language (XBRL) mode, framing a FAQs (Frequently Asked Questions)  for easy understanding of the shareholders. All Regional Directors; All Registrar of… Read More

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Final Taxonomy and Business rules for XBRL reporting

MCA website is likely to have options for XBRL reporting by 15th of July. Specific notification will be made to enable stakeholders for early filing. you can download the Final Taxonomy and Business rules for XBRL reporting by clicking at the Download links below. MCA had vide a  corrigendum recently clarified that in Phase I,… Read More

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