XLBR Compulsory for all companies except banking,Insurance,NBFC & Power

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Ministry Of Corporate Affairs has issued circular 37/2011 dt 07/06/2011  by which all companies except banking companies, insurance companies, power companies and NBFC are required to file financial statements for FY 2010-11 in extensible Business Reporting Language format (XBLR) . Here is the excerpt from Circular 37/2011 dt 07/06/2011   Download the circular…