May 31, 2011
The MCA had as per its circular bearing No. 14/2011 dated 8th April, 2011 entrusted practicing professionals registered as Members of the professional bodies namely, ICAI, ICSI & ICWAI with the responsibility of ensuring integrity of documents filed by them with MCA in electronic mode and the system would accept these documents online without the approval of the ROC. The Ministry of Corporate Affairs has vide its General circular no. 26/2011 has now included certification of Financial Statements in the Extensible Business Reporting Language (XBRL) Mode by Practicing Professionals in addition to the other documents from the year 2011-12.