Validation Tool
MCA XBRL Validation Tool ensures that only those XBRL documents; that satisfy the requirements of Taxonomy and Business Rules, are filed with MCA. MCA Validation Tool is an important mean for improving the quality of financial information/disclosures in XBRL. Successful validation of the instance document is a pre-requisite before filing the balance sheet and profit & loss account on MCA portal. It may, however, be noted that mere successful validation of an XBRL document by the MCA Validation Tool does not mean that the relevant provisions of the Companies Act, 1956 have fully been complied with. MCA XBRL Validation Tool also provides the ‘human-readable’ pdf version of the XBRL document for ease in authentication and certification of the XBRL document being filed by the company to MCA.
The Validation Tool for XBRL filings of Cost Audit & Compliance Report to MCA is presently under development.
