Taxonomy
Taxonomy in general means a catalogue or set of rules for classification; in XBRL, taxonomy can be referred as an electronic dictionary of the reporting concepts containing computer-readable definitions of business reporting terms as well relationships between them and links connecting them to resources. A typical taxonomy consists of a schema (or schemas) and linkbases. There are separate Taxonomies for Filing Financial Statements and Filing Cost Audit Report. Presently Financial Statements are filed as per C & I Taxonomy and separate Taxonomies have been developed for NBFC, Power and Banking companies.
Financial Statements:
Cost XBRL:
Scope and Level
Scope and Level of Tagging document issued by Ministry of Corporate Affairs defines scope of tagging i.e. mandatory tags, minimum tagging to be done and also defines about detailed tagging or text block tagging. The detailed tagging should be done for the various elements in the taxonomy. In case of textual information like director's report, notes to accounts etc., text block tagging may be used subject to compliance of business rules, if any, in respect of the same.
Financial Statements: FY 2014-15 Scope and Level Tagging 2015
Financial Statements: FY 2011-12 Scope and Level Tagging 2012
Business Rules
A list of such mandatory "tagging" is provided in the Business Rule that is associated with the taxonomy. Business Rules indicates the disclosures that are to be mandatorily reported for preparation of a Valid XBRL instance document. Business Rules contains the minimum set of rules which are required to be reported by a company in its XBRL instance document. Business Rules define items like Parent child relationship between various elements of the taxonomy, List of mandatory tags, exempted items etc.
Financial Statements:
Cost XBRL:
XBRL Notification and Circulars
Notifications & Circulars issued by Ministry of Corporate Affairs from time to time have been listed below.
Circulars :
2014
2013
2012
2011
| General Circular No. 69/2011, Dated : 30.11.2011 |
Extension of last date for filing financial statements FY 2010-11 upto 31st Dec |
| General Circular No. 57/2011, Dated : 28.07.2011 |
Extension of date of filing & supersession over circular 43/2011 on Certification. |
| General Circular No. 43/2011, Dated : 07.07.2011 |
Certification By Statutory Auditor. |
| General Circular No. 37/2011, Dated : 07.06.2011 |
Supersession over circular 09/2011 & 25/2011 regarding Applicability of XBRL |
| General Circular No. 26/2011, Dated : 18.05.2011 |
Certification of E-forms under the companies act, 1956 by the practicing professionals. |
| General Circular No. 25/2011, Dated : 12.05.2011 |
Clarification on Circular 09/2011 |
| General Circular No. 14/2011, Dated : 08.04.2011 |
Certification of e-forms under the Companies Act,1956 by the Practicing professionals |
| General Circular No. 09/2011, Dated : 31.03.2011 |
Applicability of XBRL on certain class of companies for 2010-11 |
Notifications :
2012
2011
Cost - Circulars :
2014
2013
2012
2011
Schedule VI :