XBRL stands for "Extensible Business Reporting Language" is started in India vide Companies (filling of documents and forms in Extensible Business Reporting language) Rules, 2011 notified vide GSR No. 748E dated 5/10/2011 select class of companies are required to file their Balance Sheet and Profit & Loss Account and other documents as required u/s 220 of Companies Act, 1956 with the Registrar of Companies (ROC) for the financial year ending on or after 31st March, 2011.
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