XBRL filing year ended March 2012

 

The question on top of the mind for all chartered accountants, directors, company secretaries is :

What is the last date for filing the Annual Return of a company for the year ended 31st March, 2012.

Right? If that is your question too, you have come to the right place.

To file your Annual Return with the Registrar of Companies, you need the following:

– the company should have to file the return in XBRL format (obviously that is why you are here!).

– The Annual General Meeting should be over (assuming that is also over)

-The taxonomy should be ready (it is, but a few people want some changes, and the regulator may/ may not oblige, one can assume either way)

-The scope of MCA filing has to be ready (last years scope document is ready, current year scope document is NOT YET OUT)

-The Validator should be ready (well there are many dates being announced, but to me end September looks like the best bet)

You should have a software which is capable of converting the ordinary files to XBRL files. (of course you can outsource this, and your vendor should be capable of converting).

The last date as of now is Mid November…however it might get extended to …..?

So if you are a big company which has to file  its XBRL returns, have patience…currently there is nothing to do except wait. Just chill. 

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3 Responses to “XBRL filing year ended March 2012”

  1. There is a difference between Annual Return and Annual Accounts. Annual Return should be filed within 60 days from the date of AGM. Only for Annual Accounts, it is required to file under xbrl.

  2. Kindly write in detail..I dont know what is XBRL..If you write I may know a new info from this article..

  3. Vandhana Karthick, Extensible Business Reporting Language (XBRL) is the standard for financial and business reporting that provides a consistent, accurate, machine-readable format. The use of XBRL will make information more accurate, transparent and usable by key audiences of the public company: investors, analysts, regulators, lenders and others. DataTracks can help companies convert their documents into XBRL format for filing at a reasonable and faster turn-around time. 

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