Ministry of Corporate Affairs has registered more than 3 lakh companies on-line since its implementation in 2006.
MCA XBRL Validation Tool (for costing taxonomy) has been released and XBRL filings of Cost Audit report and Compliance report have been enabled on MCA website with effect from 02.12.2012.Stakeholders are also advised to refer to the ‘Filing Manual for Costing Taxonomy’ available on the XBRL portal for filing the Cost audit report and Compliance report in XBRL format.
Based on the feedback received from various stakeholders, the Costing taxonomy has been updated. The business rules have also been revised based on the updated taxonomy. Further, MCA XBRL Validation Tool (for costing taxonomy) has been developed and is currently under testing. The tool shall be released on 2nd December, 2012. Filing of the Cost Audit Report and Compliance report on the MCA portal shall also be enabled w.e.f. 2nd December, 2012.
Final version of the MCA XBRL Validation Tool (for Financial Statements based upon new Schedule VI of the Companies Act, 1956) has been released. XBRL filings of financial statements for accounting year commencing on or after 01.04.2011 have been enabled on MCA website with effect from 14.10.2012. Stakeholders are also advised to refer to the ‘Filing Manual’ available on the XBRL portal for filing the financial statements in XBRL format.
Based on the feedback received from various stakeholders, the C&I taxonomy has been updated. The business rules have also been revised based on the updated taxonomy.