Dear All,
MCA vide its circular (copy enclosed) amended Rule 4 of Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules as follows:
“4. Filing of Balance Sheet and Profit and Loss Account with Registrar for financial year commencing on or after1st April, 2011.- The following class of companies have to
file their Balance Sheet, Profit and Loss Account and any other document as required under section 220 of the Companies Act, 1956 with the Registrar using the Extensible
Business Reporting Language (XBRL) Taxonomy given in Annexure II for the financial year commencing on or after 1st April, 2011 with e-form No. 23AC-XBRL
and 23ACA-XBRL specified under the Companies (Central Government) General Rules and Forms, 1956 namely:-
(i) all companies listed with any Stock Exchange(s) in India and their Indian subsidiaries; or
(ii) all companies having paid up capital of rupees five crore and above; or
(iii) all companies having turnover of rupees one hundred crore and above; or
(iv) all companies covered under rule 3;
Provided that the companies in Banking, Insurance, Power Sectors and NonBanking Financial companies are exempted for Extensible Business Reporting
Language (XBRL) filing for the financial year commencing on or after 1st April, 2011.”
Insertion of Rule 5 and Rule 6 as follows:
“5. Filing of cost audit report with Central Government.- Every cost auditor or every lead cost auditor on behalf of all the cost auditors of a company, has to file its cost audit
report and other documents as required under sub-section (4) of section 233B of the Act, and rules made thereunder with the Central Government using the Extensible Business Reporting Language (XBRL) Taxonomy given in Annexure III for the financial year commencing on or after the 1st day of April, 2011 (including the overdue reports relating to any previous financial year) with the Form I-XBRL specified under the Companies (Cost Audit Report) Rules, 2011.”
“6. Filing of compliance report with Central Government.- Every company has to file its compliance report and other documents as required under clause (d) of sub-section
(1) of section 209 of the Act, and rules made thereunder with the Central Government using the Extensible Business Reporting Language (XBRL) Taxonomy given in
Annexure III for the financial year commencing on or after the 1st day of April, 2011 with the Form A-XBRL specified under the Companies (Cost Accounting Records)
Rules, 2011, Cost Accounting Records (Telecommunication Industry) Rules, 2011, Cost Accounting Records (Petroleum Industry) Rules, 2011, Cost Accounting Records
(Electricity Industry) Rules, 2011, Cost Accounting Records (Sugar Industry) Rules, 2011, Cost Accounting Records (Fertilizer Industry) Rules, 2011, and Cost Accounting
Records (Pharmaceutical Industry) Rules, 2011. ”
Business Reporting Language (XBRL) Taxonomy given in Annexure II for the financial year commencing on or after 1st April, 2011 with e-form No. 23AC-XBRL
and 23ACA-XBRL specified under the Companies (Central Government) General Rules and Forms, 1956 namely:-
(i) all companies listed with any Stock Exchange(s) in India and their Indian subsidiaries; or
(ii) all companies having paid up capital of rupees five crore and above; or
(iii) all companies having turnover of rupees one hundred crore and above; or
(iv) all companies covered under rule 3;
Provided that the companies in Banking, Insurance, Power Sectors and NonBanking Financial companies are exempted for Extensible Business Reporting
Language (XBRL) filing for the financial year commencing on or after 1st April, 2011.”
Insertion of Rule 5 and Rule 6 as follows:
“5. Filing of cost audit report with Central Government.- Every cost auditor or every lead cost auditor on behalf of all the cost auditors of a company, has to file its cost audit
report and other documents as required under sub-section (4) of section 233B of the Act, and rules made thereunder with the Central Government using the Extensible Business Reporting Language (XBRL) Taxonomy given in Annexure III for the financial year commencing on or after the 1st day of April, 2011 (including the overdue reports relating to any previous financial year) with the Form I-XBRL specified under the Companies (Cost Audit Report) Rules, 2011.”
“6. Filing of compliance report with Central Government.- Every company has to file its compliance report and other documents as required under clause (d) of sub-section
(1) of section 209 of the Act, and rules made thereunder with the Central Government using the Extensible Business Reporting Language (XBRL) Taxonomy given in
Annexure III for the financial year commencing on or after the 1st day of April, 2011 with the Form A-XBRL specified under the Companies (Cost Accounting Records)
Rules, 2011, Cost Accounting Records (Telecommunication Industry) Rules, 2011, Cost Accounting Records (Petroleum Industry) Rules, 2011, Cost Accounting Records
(Electricity Industry) Rules, 2011, Cost Accounting Records (Sugar Industry) Rules, 2011, Cost Accounting Records (Fertilizer Industry) Rules, 2011, and Cost Accounting
Records (Pharmaceutical Industry) Rules, 2011. ”
CAclubindia
