TaxbaseXBRL
Head Office:
SINEWAVE COMPUTER SERVICES PVT. LTD.
T-22, 3rd Floor Super Mall, Salunke Vihar Road, Wanowrie, Pune 411 040.
What is XBRL?
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XBRL = eXtensible Business Reporting Language.
family of "XML" languages
standard means of communicating information
Developed by international Body
XBRL consists of financial facts
Increased functionality over traditional reporting formats
Enables computers to classify, sort, and analyze
Standard way to communicate business Information
Electronically
 facilitates analysis of Business Information Speedily
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Benefits of XBRL:
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Better
Faster
Cheaper
Accuracy
No re-keying
Automated
Accessibility
Instant user
access
Software
independent
Analysis
More frequent
updates
Less effort to use
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MCA Mandate – For Companies
 Class of Companies that need to file:
(a) All companies listed in India and their Indian Subsidiaries.
(b) All companies having a paid up capital of Rs 5 crore and above.
(c) All companies having a turnover of Rs 100 crore and above.
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What is to be filed
a) Balance sheet Statement
b) Profit and Loss Account
c) Cash Flow Statement
d) Schedules to Balance Sheet and P&L statement
e) Notes to accounts
f) Statement pursuant to Section 212 of Companies Act
g) Auditors Report
h) Directors Report
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Instance Document
What is Instance Document
XML document containing XBRL elements.
The financial statements
Comprises of Fact, Entity Name, Period, Scale Factor and Unit, and
the tag to which information is associated.
Instance Document = Financial Statements +
Taxonomy
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Contents of Taxonomy
SCHEMA
It defines all the elements or
business concepts contained in
taxonomy
LINKBASE
The purpose of XBRL linkbases
is to combine labels and
references to the concepts as
well as define relationships
between those concepts.
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Points to remember while preparing
taxonomy
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Elements should not be duplicated.
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Every element must have a standard label.
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All the attributes of an element must be defined.
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For all monetary data types, the balance type should be Debit or Credit
Weight attribute is MUST for any element participating in calculation i.e. +1 or 1.
•
Units should have IDs meaningful to a human reader of the instance.
•
Every element must have a period type.
•
Balance sheet items must have period type as “Instant” and Profit and Loss
items “Duration”.
•
Debit element cannot be added to a credit element and vice-versa.
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Main Page
This is the first screen which you will get after double clicking on the TAXBASE XBRL icon, where it
display the XBRL database path & Taxbase database path, where your data will be gets stored. The
default user name & password will be stored from the system as “SUPERUSER” this you can change
as per your request after installation of the software. Link is given to update the database of
TAXBASE XBRL Software after updation of the software then click on “OK” to enter in the system.For
installing TAXBASE XBRL Softwareyou required to instaled dotnetFramwork 3.5 set up on your
cmputer.
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XBRL Home Page
In this screen it will display the list
of assesses present in your
system of TAXBASEXBRL
This screen is divided into four
options as : S/No.,Assessee
Name,PAN & CIN .
On Left Hand Side there are many
options as :
1.General Information
2.Sources & Application of Fund
3.Income Statement(main)
4.Statememnt for cash flow
5.Accounts Flows
6.Generate XML
7.Miscellaneous
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General Information:
1.General Information:
Here you requrired to give an
information about company as:
Company Name,CIN No.,PAN No.
Address .
2. Document Information Of
Company as:
Date of Board meeting ,Period
covered by financial statement,
Start of Reporting period CY & PY
(Keep Reporting
period PY Blank
st
in case of 1 year incorporation
.)Nature of report statement,
Description of Presentation
currency, Type of B/S, P&L,&Cash
Flow Statement .
3. Other General Information:
SRN of form 66,Date from which
register of members remained
closed,date till wich register of
member remained closed.
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General Information:
4.Principal of product or
Services :
Detail principal of product or
services as: No. of product,
Description of Product
Services, Unit measurement of
Principal of product or
Services, Turnover,& Quantity.
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Sources And Application of Fund
Here you can give the amount of
respective heads of BS of Current
year & Previous Year in the table.&
It has option of Note , Defination
,Data type& Balance Type.
On left hand side there are many
option as:
•Source & Application of Funds
•Fixed Assets
•Fixed Assets Net Gross
•Additional Details Balance Sheet
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Sources And Application of Fund
In this Screen you can put the amount of share
capital under the respective share capital Head.
In this Screen you can put the amount of Reserves
And Surplus under the respective Reserves And
Surplus
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Sources And Application of Fund
In this Screen you can put the amount of
Secured debt under the respective Secured
debt .
In this Screen you can put the amount of
UnSecured debt under the respective
UnSecured debt .
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Sources And Application of Fund
In this Screen you can put the amount of
Sources And Application under the
respective Sources And Application .
In this Screen you can put the amount of
Investment under the respective
Investment .
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Fixed Assets
In this screen you can see the all
the fixed Assets heads as
Additions ,Deduction &
Depreciation etc….for the period
of Current year & Previous year .
After clicking on Go to details
you will see the this screen Cost
of Openig Balance CY , Cost
Addition CY,Deduction CY,Cost of
Closing Balance CY,
Same heads as PY
Same heads as Depreciation CY &
PY Opening ,Additions Deuction
& Closing etc.
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Fixed Assets Net Gross
In this screen you can see the all the fixed
Assets net amount heads as.for the period of
Current year & Previous year .
After clicking on Go to details you will see the
this screen Cost of Openig Balance CY , Cost
Addition CY,Deduction CY,Cost of Closing
Balance CY,
Same heads as PY
Same heads as Depreciation CY & PY Opening
,Additions Deuction & Closing etc.
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Additional Details – Balance sheet
Here you have option to write note
description of the respective Assets for
Cuurent year & previous year by double
clicking on the respective heads..
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Income Statement(Main)
This is the main screen of Income
Statement .Here you can write the
income received from respective
heads for the current year and
previous year .
On the left hand side there are many
options as :
1.Income Statement(main)
2.Income Stemetn (Alternative)
3.Additional Details Income
4.Details of Goods (Current Year)
5.Details of Goods (Previous year )
6.Details of Raw materials consumed
(Current year)
7.Details of Raw materials consumed
(Previous Year)
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Income Statement(Alternative)
Here you can write the Alternative income
received from respective heads for the
current year and previous year
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Additional Details Income
Here you can write the Additional income
received from respective heads for the
current year and previous year
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Details of Goods (Current Year)
Here you can write the Details of Goods
(Current Year ) as:
1.Class of Goods
2.Nature of Goods
3.Value of Goods Sold
4.Quantity of Goods sold
5.Value of Goods Purchased
6.Quantity of Goods Purchased
7.Stock of Goods
8.Quantity of Goods
9.Measuremenet of Goods
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Details of Goods (Previous Year)
Here you can write the Details of Goods
(Previous Year ) as:
1.Class of Goods
2.Nature of Goods
3.Value of Goods Sold
4.Quantity of Goods sold
5.Value of Goods Purchased
6.Quantity of Goods Purchased
7.Stock of Goods
8.Quantity of Goods
9.Measuremenet of Goods
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Details of Raw materials consumed (Current Year)
Here you can write the Details of
Raw materials consumed
(Current Year ) as:
1.Class of Raw materials
consumed
2.Nature of Raw materials
consumed
3.Value of Raw materials
consumed Sold
4.Quantity of Raw materials
consumed sold
5.Value of Raw materials
consumed Purchased
6.Quantity of Raw materials
consumed Purchased
7.Stock of Raw materials
consumed
8.Quantity of Raw materials
consumed
9.Measuremenet of Raw
materials consumed
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Details of Raw materials consumed (Previous Year)
Here you can write the Details of
Raw materials consumed
(Previous Year ) as:
1.Class of Raw materials
consumed
2.Nature of Raw materials
consumed
3.Value of Raw materials
consumed Sold
4.Quantity of Raw materials
consumed sold
5.Value of Raw materials
consumed Purchased
6.Quantity of Raw materials
consumed Purchased
7.Stock of Raw materials
consumed
8.Quantity of Raw materials
consumed
9.Measuremenet of Raw materials
consumed
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Statement of cash flow Direct Method
Here you can write the Details of
cash transactions of receipts &
payments from which actual cash is
transacted named as Direct method
under the respective heads as:
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Statement of cash flow Indirect Method
Here you can write the Details of
cash transactions of receipts &
payments from which actual cash
is not transacted but effect for
the same is shown in BS in
directly named as in Direct
method under the respective
heads as:
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Accounting Notes
Here you can write the notes by
double clicking on repective
head’s yea note.
e.G If you click on Accounting
Conventions- Current year you
will see the following screen.
Same procedure is for Previous
year note & All respective
heads
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Accounting Notes
Same procedure is for Cureent & Previous year note for All respective heads
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Accounting Notes
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Accounting Notes
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Accounting Notes
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Accounting Notes
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Accounting Notes
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Accounting Notes
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Generate XML
In this screen you can
generate xml of
Balancesheet & Profit &
loss account.
Here we are going to
generate xml of Profit &
Loss Account .
Give the respective path
to save xml.
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Generate XML
Here we will receive the
msg of xml file save
successfully & will ask
for validation.
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Generate XML
First step is open MCA 21 validation
tool.& open the xml file which was
saved .
By selecting the path xml
file will ready to validate.
After clicking on “open”
tab.
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Generate XML
After clicking on Open tab
you will received the
message as Document has
been loaded successfully.
Now click on validate option
from file to validate xml .
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Generate XML
If some errors founds while
validating xml it will shown as
shown in screen 1
Here are some points given how to
interpret errors which is shown in
screen 2.
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Generate XML
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Proxy Settings
For Proxy Setting you will have to provide the
following things:
1.Proxy Host
2.Proxy Port
3.User Name
4.Password
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Miscellaneous
•Miscelleous option
•Miscellaneous
Dashboard >> database
back up
Miscelleous option
•Miscellaneous
Dashboard >> restore
Back up
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Miscellaneous
Miscelleous option
•Miscellaneous
Dashboard >> database
back up .
You can take a backup by
seleting this option .
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Miscellaneous
Miscelleous option
•Miscellaneous Dashboard >>
restore Back up
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THANK YOU …….
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