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Popular Search: TDS :: VAT Audit :: list of goods taxed at 4% :: empanelment :: VAT RATES :: due date for vat payment :: cpt :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
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 Guidance Note on Division II- Ind AS Schedule III to the Companies Act, 2013
 Multipurpose Empanelment Form for the year 2017-18
 Notification CPT - June, 2017
 Notification Final - May, 2017
 Result of the Chartered Accountants Final Examination held in May 2017 and Common Proficiency Test (CPT) held in June 2017 declared.
 Invitation for expression of interest from software development companies for providing software relevant to the Practitioners & CA Firms of ICAI by 31 August, 2017.
 Alternate website for CA Final and CPT May/June 2017 Results
 CPE Events 17th July - 22th July 2017
 Result of the Chartered Accountants Final Examination held in May 2017 and Common Proficiency Test (CPT) held in June 2017 are likely to be declared on Tuesday, the 18th July 2017.
 Result of the Information Systems Audit [ISA] Assessment Test held on 24th June 2017 is likely to be declared on 18th July, 2017.
  Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 10

EXPOSURE DRAFT OF TAXONOMY FOR NON-BANKING FINANCIAL COMPANIES (NBFCs)
July, 28th 2011

XBRL (eXtensible Business Reporting Language) is a novel way of electronic communication of business and financial data that is of immense utility to the capital markets and the investing community. Those who stand to benefit include all who collect business data, including governments, regulators, economic agencies, stock exchanges, financial information companies and the like, and those who produce or use it, including accountants, auditors, company managers, financial analysts, investors and creditors.

The recent mandate issued by the Ministry of Corporate affairs (MCA) has specifically exempted Banking, Insurance, Power and NBFCs from filing in XBRL formats in its first phase. However, the next phase proposes to cover all these exempted category of companies.

Recently, the draft taxonomy for Non-Banking Financial Companies (NBFCs) has been finalized. This draft taxonomy covers the financial statements, viz., Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement and the related non-financial information. The draft taxonomy has been developed conforming to the existing notified Accounting Standards, Company Law and the pronouncements issued by the Reserve Bank Of India, while adapting the architectural features of the IFRS general purpose taxonomy 2006.

Comments are invited on the draft NBFC taxonomy. These may be sent by e-mail at, so as to be received not later than 15th August 2011. Alternatively, comments may be submitted in writing to Dr. Avinash Chander, Technical Director, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi 110 002.

 
 
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