Xbrl urgent

ACS MUKUNDA (Company Secretary) (65 Points)

26 October 2013  

ours is the PRIVATE LIMITED COMPANY  HAVING TURNOVER OF MORE THAN 100CRORES DURING THE FINANCIAL YEAR 2010-2011 HENCE WE HAVE FILIED THE 23ac aca IN XBRL MODE for the financial year 2010-11 and 11-12

AND IN SUCCEEDING YEAR ie 2010-11 onwards IT GOT REDUCED TO LESS THAT 100CRORES

as per the MCA Circular the applicability of XBRL is as follows

  1. all companies listed with any Stock Exchange(s) in India and their Indian subsidiaries; or
  2. all companies having paid up capital of Rupees five crore and above; or
  3. all companies having turnover of Rupees one hundred crore and above; or
  4. all companies who were required to file their financial statements for FY 2010-11, using XBRL.

now the company status is

paid up capital is 1,00,000

unlisted private limited comapany

turnover is less than 100 crores

shall we continue to file form 23AC aca in XBRL mode

however point no 4 is applicable only for the financial year 2011-12 and now it is not applicable

hence our company need not file the financial statement through XBRL mode

Please correct me if i am wrong

 

A