The Corporate Affairs Ministry (MCA) has again extended the due date for XBRL filing by Ind AS compliant companies.
The due date has been extended to May 31st (without additional fee) from the earlier specified date of April 3o this year in respect of financial statements for the financial year 2016-17.
In continuation of this Ministry’s General Circular No. 13/2017 dated 26.10.2017, General circular no. 1/2018 dated 28.03.2018 and upon consideration of requests received from various stakeholders for extending the last date of filing of AOC-4 XBRL E-Forms using Ind AS under the Companies Act, 2013, it has been decided to extend the last date for filing of AOC-4 XBRL for all eligible companies required to prepare or voluntarily prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015 for the financial year 2016-17, without additional fee till 31st May, 2018.
XBRL (eXtensible Business Reporting Language) is a digital language that has been developed to provide a common electronic format for business and financial reporting.