Ministry of corporate affairs has released the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015 superceding the 2011 Rules on the same subject.
The coverage of companies to be covered by XBRL rules is the same as in the 2011 Rules i.e.
(i) all companies listed with any Stock Exchange(s) in India and their lndian subsidiaries;
or (ii) all companies having paid up capital of rupees five crote or above;
(iii) all companies having turnover of rupees hundred crore or above; or
(iv) all companies which were hitherto covered under the Companies (Filing ot l)ocuments and Forms in Extensible Business Reporting Language) Rules, 2011:
New form specified for the purpose is AOC-4 XBRL
Companies in Banking, Insurance, Power Sector and Non Banking Financial Companies are exempted from filing documents under the XBRL Rules.
Cost Audit Report is also required to be filed in the XBRL Format in the appropriate form i.e. CRA-4.