14 October 2011
A Private Limited Company having turnover of Rs. 110 Crore in F.Y.-2010-11. Whether it is mandatory to file Annual Return to MCA in XBRL Format (taxonomy).
15 October 2011
Yes...it is mandatory for your company for filing B/s and P/L in XBRL forma..... The foll. companies need to file B/s & P/L Account in XBRL (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 or above; or (iii) all companies having turnover of rupees hundred crore or above. Provided that the companies in Banking, Insurance, Power Sectors and Non-Banking Financial companies are exempted for Extensible Business Reporting Language (XBRL) filing for the financial year 2010-11.
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