XBRL Filing and Data Conversion

XBRL Filing and Data Conversion

With the help of our expert group, we have been providing XBRL Conversion Services since 2011. These services are rendered by our professionals while keeping in mind the precise requirements of clients. To render these services, our skilled professionals use advanced techniques and approaches. Besides, our valuable clients can avail of these services from us in customized solutions and at market-leading rates. Our offered services are acknowledged for timely execution (i.e., four hours after providing all the information and records).

Call for Demo: Complete Balance Sheet can be Prepared, Validated, and Pre-Scrutinized in Demo Version.

Applicability of XBRL

Many individuals or organizations are puzzled about the relevance of XBRL (Filing of Documents and Forms in Extensible Business Reporting Language). MCA issued a Notification on 06th November 2017, regarding the clarification on the mandatory relevance of XBRL on specific Companies. These guidelines may be known as the Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment, Rules, 2017.

Filing of financial statements with Registrar: The following categories of companies will file their financial statements and other reports under section 137 of the Act with the Registrar in e-form AOC-4 XBRL as per Annexure-I:

• Companies LISTED with stock exchanges in India and Their Indian Subsidiaries;
• Companies having Paid-Up Capital of Five crore rupees or above;
• Companies having Turnover of One Hundred crore rupees or above;
• All companies which are required to prepare their financial statements as per Companies (Indian Accounting Standards) Rules, 2015.

Exempted Companies:

• Non-Banking Financial Companies;
• Housing Finance Companies; and
• Companies engaged in the Business of Banking and Insurance Sector.