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Exposure Draft of the Amendments in the IND AS Taxonomy released by ICAI

Ministry of Corporate Affairs (MCA) has mandated the filing of financial statements in XBRL format for the specified class of companies. XBRL taxonomy covers the requirements of Accounting Standards, Companies Act, and MCA specific requirements. XBRL taxonomy, based on the Indian Accounting Standards (Ind AS) and Ind AS compliant Schedule III requirements have already been notified for filing of financial statements in XBRL format and the specified class of companies are successfully filing their financial statements in XBRL format.

In view of the implementation of Ind AS 116, ‘Leases ’applicable from the financial year 2019-20, and amendments in other Ind ASs, CSR Rules, etc (applicable from FY 2019-20 & 2020-21), Ind AS XBRL taxonomy has been amended for financial reporting purposes.


In order to endorse transparency, objectivity, independence, and participation of Stakeholders, the draft amendments in Ind AS taxonomy have been exposed for public comments. The Exposure draft of amendments in Ind AS Taxonomy is in Excel Sheet. The Presentation Link of the Excel Sheet covers the ELRs in which amendments (as highlighted in yellow color) are made due to aforesaid new IND AS and other amendments. The other links (Reference link, Element master, Label, Calculation Link, and Definition link) cover all the elements of taxonomy including amended elements.

You can Download the exposure Exposure draft of amendments in Ind AS Taxonomy from here:


The comments are invited on any aspects of the Exposure Draft. Comments are most helpful if they indicate a proper reference to which they relate, contain a clear rationale, and, where possible, provide a suggestion for alternative change. In addition to the comments on amendments in the Taxonomy, other suggestions for any inclusion/deletion of any element are also invited for overall improvement of the Taxonomy or any area where any difficulty is faced by the Companies while filing.

How to comment:

Comments should be submitted using one of the following methods, so as to be received by June 19, 2021

1. Email: Comments can be sent at [email protected]

2. Postal: S.N.Gupta, Joint Director, Technical Directorate, XBRL India, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi 110 002

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