Applicability of revised schedule vi and xbrl on companies ?
Querist : Anonymous
coluld you please tell me the applicabilty of revised schedule VI on companies ??
and XBRL is applicable for which companies and from when?
Notificate no.S.O.447(E) dated 28-2-2011
1) All companies listed in India and their Indian subsidiaries
2) All companies having a paid up capital of Rs.5 crore and above
3) All companies having a turnover of Rs.100 crore and above.
However Banking companies, Power companies, Insurance companies and NBFC's are exempted from XBRL Filing till further order.
See the notification from below link in this regard---
https://www.mca.gov.in/Ministry/pdf/Circular_37-2011_07jun2011.pdf
Querist : Anonymous
Can you please tell me the reasons and effect of these applicabilties on companies?
For XBRL benefits check out the below link--
https://taxguru.in/company-law/xbrl-applicable-listed-companies-companies-paid-capital-rs-5-crore-turnover-rs-100-crore.html
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Supply through E-commerce Operators
- Relief u/s Section 89
- Rent lease agreement
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Merchant Export Accounting
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Suggestions required for income tax filing-software (FY 2025-26)
- REGARDING GST LIABILITY/....
- REGARDING SECTION 44AE
- Sales return eway bill
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
