MCA has vide its circular dated 6th July 2012 clarified that
1) there is no change in the applicability criteria for XBRL filing for the financial year ended 2011-12 i.e. listed companies, companies with paid-up share capital above Rs.5 crores or turnover above Rs.100 crores;
2) The taxonomy for XBRL filing which will be based on revised Schedule VI is not ready, so
3) No additional fees will be levied for filings done upto 15th November 2012 or 30 days from the date of AGM whichever is later. Since the AGMs will necessarily have to be held on or before 30th September 2012 for companies having 31st March as the financial year, the exemption is available upto 15th November 2012;
Copy of the MCA circular can be found here
1) there is no change in the applicability criteria for XBRL filing for the financial year ended 2011-12 i.e. listed companies, companies with paid-up share capital above Rs.5 crores or turnover above Rs.100 crores;
2) The taxonomy for XBRL filing which will be based on revised Schedule VI is not ready, so
3) No additional fees will be levied for filings done upto 15th November 2012 or 30 days from the date of AGM whichever is later. Since the AGMs will necessarily have to be held on or before 30th September 2012 for companies having 31st March as the financial year, the exemption is available upto 15th November 2012;
Copy of the MCA circular can be found here
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