FAQs
Q. Who offers the best online XBRL filing consultant services in India?
A. Registrationwala offers the best end-to-end solutions for filing XBRL Filing for your Company. We can file your financial statements by generating XBRL-based statements for your Company. Connect with our Experts to know more.
Q. XBRL filing is mandatory for which companies in India?
A. The following companies can apply for the XBRL filing with the MCA in India: as per section 137 of the Companies Act 2013:
- Companies with a Net worth of more than INR 500 Crore
- Companies with an Annual Turnover of more than INR 1000 Crore
- Companies with a Net profit of more than INR 5 Crore
- Companies covered under the Extensible Business Reporting Language Rules of 2011
Q. How to file XBRL with MCA in India?
A. The process of share dematerialization is a simple one. The process is as follows:
- Gather the required statements
- Create the XBRL document for the Company
- Uploading the XBRL document to the MCA portal
Q. What is XBRL filing in India?
A. XBRL format certification: XBRL is a tool that 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 involves tagging all financial data electronically through software, making data readable.
Q. Who needs to file XBRL services in India?
A. Companies covered under the Extensible Business Reporting Language Rules of 2011 must file for the XBRL services.
Q. What are some of the XBRL filing requirements for documentation in India?
A. The following documents are needed. Documents Required for Filling Financial Information Through XBRL:
- Balance-Sheet
- Profit & Loss Account
- Notice of AGM, Company’s Directors’ report & Auditors’ report
To know more, refer to the document section of this web page.
Q. Who offers the best XBRL filings consultancy in Delhi NCR?
A. Registrationwala offers the best end-to-end solutions for filing XBRL reports consultancies for your Company. We can file your financial statements by generating XBRL-based statements for your Company. Connect with our Experts to know more.
Q. What are the eligibility criteria for RBI XBRL filing for MCA in India?
A. As per section 137 of the Companies Act 2013, the following eligibilities must be adhered to by the companies to file XBRL via E FORM AOC-4:
- The net worth of INR 500 Crore
- Annual Turnover of INR 1000 Crore
- Net profit of INR 5 Crore
- Companies covered under EBRL Rules of 2011
Q. What is the cost of filing the XBRL with MCA in India?
A. To know the cost of XBRl filing with the MCA, connect with the Incorporation experts at Registrationwala. Our seasoned professionals can brief you on every aspect of the filing procedure in no time and in great detail. You can also connect with us to learn about the XBRL preparation tools.
Q. What is the XBRL format?
A. It is the combined effect of Word, Excel, and PDF models. To know about the XBRL reporting requirements or XBRL format in Excel, connect with the Incorporation Experts at Registrationwala.
Q. How to read XBRL files?
A. You can download the XBRL software to read and edit an XBRL file. To know where you can free XBRL software for ROC filing, connect with the Incorporation Team at Registrationwaa. We can facilitate the setup for the XBRL reader for you. You can also create an RBI account for your Company and check your RBI XBRL files by logging in to your account.