eXtensible Business Reporting Language

All about XBRL Applicablity, Proovisions, Benefits & How it works

Company Law - All about XBRL Applicable to Listed Companies and companies having a paid up capital of Rs. 5 Crore and above or a turnover of Rs. 100 crore or above - eXtensible Business Reporting Language (XBRL) is an open technology standard which makes it possible to store business and financial information in a computer-readable format. Many countr...

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ICAI asked government to mandate all companies to file their financial statements in XBRL format

Company Law - Domestic companies may soon have to file financial statements in a computerised format to enable easy flow of information between regulators and facilitate comprehensive financial data analysis. In a letter to the ministry of corporate affairs, the Institute of Chartered Accountants of India (ICAI) has asked the government to mandate all ...

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MCA issues corrigendum on filing of Balance Sheet and Profit & Loss Account in extensible Business Reporting Language (XBRL) mode

Company Law - The Ministry of Corporate Affairs has issued a corrigendum after noticing some errata on the circular issued on March 31st, 2011 regarding the filing of Balance Sheet and Profit & Loss Account in extensible Business reporting language (XBRL) mode. Accordingly, the circular No. 9/2011 has been rectified as under: ...

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Companies may have to file balance sheet in XBRL form from July 2011

Company Law - The government said it is planning to make it mandatory for corporates to file balance sheets with it in data form, using XBRL (eXtensible business reporting language) technology, from next fiscal. Currently companies file their annual returns and balance sheets with the Ministry of Corporate Affairs (MCA) by filing up an e-form. ...

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Conference on XBRL on the 18th February 2011 at Mumbai

Company Law - The quest for a solution in the area of Financial Reporting alongwith the capabilities of XML for electronically reporting financial information gave birth to XBRL (eXtensible Business Reporting Language). In the recent times, XBRL has emerged as a p...

Read More

Exposure draft of XBRL (eXtensible Business Reporting Language) Banking Taxonomy

Company Law - XBRL (eXtensible Business Reporting Language) is an electronic format for communication of business and financial data which is revolutionising business reporting around the world. XBRL is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet. XBRL provide...

Read More
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Notification No. G.S.R. 749(E), dated 05/10/2011

Notification No. G.S.R. 749(E) - (05/10/2011) - These rules may be called the Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2011. (2) They shall come into force with effect from 6th October, 2011. 2. In the Companies (Central Government's) General Rules and Forms, 1956, after Form 23ACA, the following Forms shall be ...

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Companies who need to file B/S & P/L Account in XBRL have to file form 23AC-XBRL & 23ACA-XBRL

Notification No. G.S.R. 748 (E) - (05/10/2011) - The following class of companies have to file their Balance Sheet, Profit and Loss Account and other documents as required under section 220 of the Companies Act, 1956 with the Registrar using the Extensible Business Reporting Language (XBRL) taxonomy given in Annexure enclosed to the rules for the ...

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Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode – General Circular 37/2011

General Circular No. 37/2011 - (07/06/2011) - In supersession of this Ministry's Circular No. 9/2011, dated 31-3-2011 and 25/2011 dated 12-5-2011, Ministry of Corporate Affairs hereby mandated certain class of companies to file Balance sheets and Profit and loss Account along with Director's and Auditor's Report for the year 2010-11 onwards by...

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Compulsory Filing of Balance Sheet and profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode

General Circular No. 09/2011 - (31/03/2011) - General Circular No. 09/2011, Dated the 31.03.2011- It has been decided by the Ministry of Corporate Affairs to mandate certain class of companies to file balance sheets and profit and loss account for the year 2010-11 onwards by using XBRL taxonomy. The Financial Statements required to be filed ...

Read More

Recent Posts in "eXtensible Business Reporting Language"

Notification No. G.S.R. 749(E), dated 05/10/2011

Notification No. G.S.R. 749(E) (05/10/2011)

These rules may be called the Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2011. (2) They shall come into force with effect from 6th October, 2011. 2. In the Companies (Central Government's) General Rules and Forms, 1956, after Form 23ACA, the following Forms shall be inserted, namely:-...

Read More

Companies who need to file B/S & P/L Account in XBRL have to file form 23AC-XBRL & 23ACA-XBRL

Notification No. G.S.R. 748 (E) (05/10/2011)

The following class of companies have to file their Balance Sheet, Profit and Loss Account and other documents as required under section 220 of the Companies Act, 1956 with the Registrar using the Extensible Business Reporting Language (XBRL) taxonomy given in Annexure enclosed to the rules for the financial year ending on or after 315t M...

Read More

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode – General Circular 37/2011

General Circular No. 37/2011 (07/06/2011)

In supersession of this Ministry's Circular No. 9/2011, dated 31-3-2011 and 25/2011 dated 12-5-2011, Ministry of Corporate Affairs hereby mandated certain class of companies to file Balance sheets and Profit and loss Account along with Director's and Auditor's Report for the year 2010-11 onwards by using XBRL taxonomy. The Taxonomy Busin...

Read More

MCA issues corrigendum on filing of Balance Sheet and Profit & Loss Account in extensible Business Reporting Language (XBRL) mode

The Ministry of Corporate Affairs has issued a corrigendum after noticing some errata on the circular issued on March 31st, 2011 regarding the filing of Balance Sheet and Profit & Loss Account in extensible Business reporting language (XBRL) mode. Accordingly, the circular No. 9/2011 has been rectified as under: ...

Read More
Posted Under: Company Law |

All about XBRL Applicablity, Proovisions, Benefits & How it works

All about XBRL Applicable to Listed Companies and companies having a paid up capital of Rs. 5 Crore and above or a turnover of Rs. 100 crore or above - eXtensible Business Reporting Language (XBRL) is an open technology standard which makes it possible to store business and financial information in a computer-readable format. Many countr...

Read More
Posted Under: Company Law |

Compulsory Filing of Balance Sheet and profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode

General Circular No. 09/2011 (31/03/2011)

General Circular No. 09/2011, Dated the 31.03.2011- It has been decided by the Ministry of Corporate Affairs to mandate certain class of companies to file balance sheets and profit and loss account for the year 2010-11 onwards by using XBRL taxonomy. The Financial Statements required to be filed in XBRL format would be based upon the T...

Read More

Companies may have to file balance sheet in XBRL form from July 2011

The government said it is planning to make it mandatory for corporates to file balance sheets with it in data form, using XBRL (eXtensible business reporting language) technology, from next fiscal. Currently companies file their annual returns and balance sheets with the Ministry of Corporate Affairs (MCA) by filing up an e-form. ...

Read More
Posted Under: Company Law |

Conference on XBRL on the 18th February 2011 at Mumbai

The quest for a solution in the area of Financial Reporting alongwith the capabilities of XML for electronically reporting financial information gave birth to XBRL (eXtensible Business Reporting Language). In the recent times, XBRL has emerged as a p...

Read More
Posted Under: Company Law |

Exposure draft of XBRL (eXtensible Business Reporting Language) Banking Taxonomy

XBRL (eXtensible Business Reporting Language) is an electronic format for communication of business and financial data which is revolutionising business reporting around the world. XBRL is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet. XBRL provide...

Read More
Posted Under: Company Law |

ICAI asked government to mandate all companies to file their financial statements in XBRL format

Domestic companies may soon have to file financial statements in a computerised format to enable easy flow of information between regulators and facilitate comprehensive financial data analysis. In a letter to the ministry of corporate affairs, the Institute of Chartered Accountants of India (ICAI) has asked the government to mandate all ...

Read More
Posted Under: Company Law |

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