MCA has amended "Companies (Filing of Documents
& Forms in Extensible Business Reporting Language) Rules 2011"
by "Companies (Filing of Documents & Forms in Extensible Business
Reporting Language) Amendment Rules 2012". The new amendments have come
into effect from 14.10.2012.
One of the important features of amendment is
that certain class of companies is now required to file [Commencing on and after 1st April,
2011] their Balance Sheet, Profit and Loss Account and any other
document as required under section 220 of Companies Act, 1956 with the
Registrar using Extensible Business Reporting Language (XBRL) taxonomy given in
Annexure –II of the amendment. The classes of companies are:
(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 covered under rule 3;
Companies
in Banking, Insurance, Power Sectors, and Non-Banking Financial companies are
exempted.
See the
notification: