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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Companies Allowed to File Financial Statements in Non-XBRL Format Without Penalties Until September 15, 2012.</h1> The circular from the Ministry of Corporate Affairs addresses the filing of Balance Sheets and Profit and Loss Accounts by companies in Non-XBRL format for the accounting year starting on or after April 1, 2011. It states that the revised Schedule VI, effective from April 1, 2011, requires companies to file forms 23AC and 23ACA, which are being finalized. Companies are permitted to submit these financial statements without incurring additional fees or penalties until September 15, 2012, or within 30 days of their Annual General Meeting, whichever is later.
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