Applicability of XBRL Filling

XBRL Filling with the MCA is compulsory for the following nature of companies:

All listed companies and their Indian subsidiaries.

All companies with paid-up capital of Rupees 5 Crores or above.

All companies with turnover of Rupees 100 Crores or above.

All Companies which are covered under (Extensible Business Reporting Language) Rules, 2011

Note: Companies in Banking, Insurance, Power Industries and NBFC’s are exempt from XBRL Filing

Benefit from using XBRL

All organizations can use XBRL to preserve costs and increase efficiency in handling business and financial information.

Because XBRL is extensible and adaptable, it can be adapted to a wide variety of different requirements.

All participants in the financial data supply chain can benefit, whether they are preparers, transmitters, or users of business data.

XBRL, being extensible and adaptable, can be adapted to a wide type of requirements.

All stakeholders whether they are preparers, transmitters, or users of business data in the financial information supply can benefit from the use of XBRL.

Best Suitable

All listed companies and their Indian subsidiaries.

All companies with paid-up capital of Rupees 5 Crores or above.

All companies with turnover of Rupees 100 Crores or above.

All Companies which are covered under (Extensible Business Reporting Language) Rules, 2011

How It Works

  • Purchase of Package
  • Upload documents
  • Expert fills up the form
  • Acknowledgement is generated

Documents Required

Copy of the following documents in Word or Excel format is required:

  • Complete set of financial statements including Balance-Sheet, Profit & Loss Account along and Cash flow statement along with the Notes to Accounts.
  • Notice of AGM, Company’s Directors’ report along with annexure and Auditors’ report in word copy.
  • Shareholding Pattern of the Company in excel or word copy.

Our Packages at a Glance

Choose your package

Basic

₹ 9440 /-

(* All Inclusive)
Unlisted Private Company Per Entity

Standard

₹ 14160 /-

(* All Inclusive)
Unlisted Private Company Per Entity

Advanced

₹ 21240 /-

(* All Inclusive)
Listed Company Per Entity

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FAQs On ROC Filings

1. What is XBRL?

XBRL is a tool which helps us in analyzing all financial & other technical data in a systematic manner. It makes all technical information & data readable & we would not require segregating the information for analysis. It requires tagging of all financial data electronically through software which makes data readable.

2. Who can benefit from using XBRL?

XBRL, being extensible and flexible, can be adapted to a wide variety of requirements. All stakeholders whether they are preparers, transmitters or users of business data in the financial information supply chain can benefit from the use of XBRL.

3. What are the advantages of XBRL?

XBRL offers benefits at all grades of business reporting and analysis.

The benefit in automation, cost-saving, faster, more reliable, and more accurate handling of data, improved analysis, and better quality of information and decision-making

XBRL enables producers and consumers of financial data to switch resources away from costly manual processes, typically involving time-consuming comparison, assembly, and re-entry of data.

They can concentrate effort on analysis, aided by software that can validate and process XBRL information. Its extensible nature means that it can adjust to meet particular business requirements, even at the individual business level.

XBRL is a flexible language, which is mean to help all current aspects of reporting in various countries and industries

4. XBRL full form?

XBRL stands for eXtensible Business Reporting Language.

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