Who must file in XBRL
- Companies listed in India and their Indian subsidiaries
- Companies with paid-up capital of ₹5 crore or more
- Companies with turnover of ₹100 crore or more
- Companies required to prepare financial statements under Ind AS
Banking, insurance, power and NBFCs are exempt from XBRL filing under the rules.
Our process
- Mapping the audited financial statements, notes and the auditor’s report to the taxonomy.
- Preparing the instance document and validating it with the MCA tool.
- Checking the pre-scrutiny output and correcting errors.
- Filing AOC-4 XBRL within 30 days of the AGM, with the annual return to follow.
Frequently asked questions
Is XBRL needed for the annual return too?
The annual return (MGT-7) is filed in its own format. XBRL applies to the financial statements and cost audit reports where required.
Does a subsidiary of a listed company need XBRL?
Yes, Indian subsidiaries of listed companies are covered.
Can XBRL be filed late?
It can be filed with additional fees, but late filing affects the company’s compliance record.
This page gives general information about Agar & Co. and its services. It is not an advertisement or solicitation, and it should not be treated as professional advice. Rates, thresholds and due dates change from time to time.