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August 2011

Filing of Balance Sheet and Profit and Loss Account in XBRL mode.

By Sejal Vasa, Company Secretary
Reading Time 1 mins
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The Ministry of Corporate Affairs has issued General Circular No. 43/2011 on 7th July 2011 pertaining to the filing of Balance Sheet and Profit and Loss Account in XBRL mode, wherein it is clarified that the same will be applicable for financial statements closing on or after 31-3-2011. Further the Statutory Auditor needs to certify that the financial statements have been prepared in XBRL mode for filing on MCA-21 portal.

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