XBRL filing requirement mandates specified classes of companies to submit financial statements electronically, with exemptions and transitional fee relief. Mandates filing of Balance Sheet, Profit & Loss Account and related reports in XBRL format for specified classes of companies from 2010-11, with listed companies and their Indian subsidiaries and companies meeting prescribed capital or turnover criteria covered in Phase I; banks, insurance firms, power companies and NBFCs are exempted until further orders. The Ministry has published taxonomies, business rules and validation tools and will provide an XBRL filing module on MCA 21. Transitional relief allows Phase I companies with AGMs before a set date to file by an extended date without additional fee; training contacts are provided.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
XBRL filing requirement mandates specified classes of companies to submit financial statements electronically, with exemptions and transitional fee relief.
Mandates filing of Balance Sheet, Profit & Loss Account and related reports in XBRL format for specified classes of companies from 2010-11, with listed companies and their Indian subsidiaries and companies meeting prescribed capital or turnover criteria covered in Phase I; banks, insurance firms, power companies and NBFCs are exempted until further orders. The Ministry has published taxonomies, business rules and validation tools and will provide an XBRL filing module on MCA 21. Transitional relief allows Phase I companies with AGMs before a set date to file by an extended date without additional fee; training contacts are provided.
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