https://www.taxtmi.com/article/detailed?id=1372 MCA finalized an XBRL taxonomy and mandated electronic filing of balance sheets, profit and loss accounts and Directors' and Auditors' reports in XBRL format for specified commercial and industrial companies from the 2010-11 year, exempting banks, insurers, power companies and NBFCs. A portal-based filing module was provided and transitional fee exemptions and extended filing timelines applied to companies adopting financials within the designated AGM period. The taxonomy aligns with Schedule VI and notified accounting standards and supports multiple technical routes for preparing XBRL submissions. en-us Sat, 30 Jul 2011 07:58:24 +0530 Sat, 30 Jul 2011 07:58:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1372 MCA finalized an XBRL taxonomy and mandated electronic filing of balance sheets, profit and loss accounts and Directors' and Auditors' reports in XBRL format for specified commercial and industrial companies from the 2010-11 year, exempting banks, insurers, power companies and NBFCs. A portal-based filing module was provided and transitional fee exemptions and extended filing timelines applied to companies adopting financials within the designated AGM period. The taxonomy aligns with Schedule VI and notified accounting standards and supports multiple technical routes for preparing XBRL submissions. Articles Corporate Laws / IBC / SEBI Sat, 30 Jul 2011 07:58:24 +0530 https://www.taxtmi.com/article/detailed?id=1372