The Companies Filing of Documents and Forms in XBRL Rules 2015 is applicable from 9th September, 2015.
Chapter XXIV (Sections 396 to 404 ) of the Companies Act, 2013 deals with the provisions related to registration offices and fees. Read with section 398 “Provisions relating to filing of applications, documents, inspection, etc., in electronic form”.
The Companies (Filing of Documents and Forms in XBRL) Rules, 2015 was last amended by the Companies (Filing of Documents and Forms in XBRL) Amendments Rules, 2019.
The Companies (Filing of Documents and Forms in XBRL) Rules, 2015
[Published vide G.S.R. 692(E), dated 09-09-2015 and subsequently amended vide G.S.R. 397(E) dated 04-04-2016, G.S.R. 1372(E) dated 06-11-2017, G.S.R. 1480(E) dated 04-12-2017, G.S.R. 213(E) dated 08-03-2018 and G.S.R. 794(E) dated 15-10-2019]
In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), and in supersession of the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely: –
Rule-1: Short title and commencement
Rule-1(1): These rules may be called the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015.
Rule-1(2): They shall come into force from the date of their publication in the Official Gazette.
Rule-2: Definitions
Rule-2(1): In these rules, unless the context otherwise requires, –
(a) “Act” means the Companies Act, 2013.
- (b) “Annexure” means annexures appended to these rules;
- (c) “Documents and forms” means the documents and forms required to be filed with any authority as specified under the Act or rules or regulations made thereunder;
- (d) “Extensible Business Reporting Language” (XBRL), means a standardised language for communication in electronic form to express, report or file financial information by the companies under the Act;
- (e) “Taxonomy” means in XBRL, an electronic dictionary for reporting the business data as approved by the Central Government in respect of any documents or forms indicated in these rules.
Rule-2(2): Words and expressions used in these rules but not defined and defined in the Act or in the Companies (Specification of definitions details) Rules, 2014 shall have the meanings respectively assigned to them in the Act and said rules.
Rule-3: Filing of financial statement with Registrar
Rule-3(1): The following class of companies shall file their financial statements and other documents under section 137 of the Act with the Registrar in e-form AOC-4 XBRL as per Annexure-I:-
- companies listed with stock exchanges in India and their Indian subsidiaries;
- companies having paid up capital of five crore rupees or above;
- companies having turnover of one hundred crore rupees or above;
- all companies which are required to prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015:
Provided that the companies preparing their financial statements under the Companies (Accounting Standards) Rules, 2006 shall file the statements using the Taxonomy provided in Annexure-II and companies preparing their financial statements under Companies (Indian Accounting Standards) Rules, 2015, shall file the statements using the Taxonomy provided in Annexure-II A:
Provided further that non-banking financial companies, housing finance companies and companies engaged in the business of banking and insurance sector are exempted from filing of financial statements under these rules.
Rule-3(2): The companies which have filed their financial statements under sub-rule (1) shall continue to file their financial statements and other documents though they may not fall under the class of companies specified therein in succeeding years.
Rule-3(3): The companies which have filed their financial statements under the erstwhile rules, namely the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011, shall continue to file their financial statements and other documents as prescribed in sub-rule (1) though they do not fall under the class of companies specified therein.
Rule-4: Filing of cost audit report
A company required to furnish cost audit report and other documents to the Central Government under sub-section (6) of section 148 of the Act and rules made there under, shall file such report and other documents using the XBRL taxonomy given in Annexure-III for the financial years commencing on or after 1st April, 2014 in e-Form CRA-4 specified under the Companies (Cost Records and Audit) Rules, 2014.