XBRL Filings With Tax and Services
- Filed by specified companies
- Get xml and pdf of Financials
- Simple and Secure Online Process
- Dedicated Professional
- Expert CA/CS Advice
- File your ROC XBRL in 4-5 days
Introduction
“Tax and Services” – your trusted partner in navigating the intricate landscape of legal complexities. At Tax and Services, we specialize in providing comprehensive solutions for XBRL (eXtensible Business Reporting Language) filings, ensuring that your financial reporting meets the highest standards of accuracy and compliance.
In an era where regulatory requirements are constantly evolving, it’s essential to have a reliable ally to guide you through the intricacies of XBRL filings. Our team of seasoned professionals is dedicated to simplifying the process for you, allowing you to focus on what matters most – the success and growth of your business.
What sets us apart is our commitment to precision and adherence to the latest legal standards. We understand that every financial statement is unique, and our tailored XBRL filing services are designed to accommodate the specific needs of your organization. Whether you’re a large corporation or a small business, we are here to streamline your reporting obligations and ensure that you remain in full compliance with regulatory requirements.
Trust us to be your reliable partner in XBRL filings. Explore the full spectrum of our legal services, and let Tax and Services be the cornerstone of your compliance strategy. Your success is our priority, and we’re here to ensure that your financial reporting journey is not only seamless but also a catalyst for your continued growth. Welcome to a new era of compliance excellence with Tax and Services.
Applicability of XBRL – Financial Statements
- Companies listed with stock exchanges in India and their Indian subsidiaries
- Companies having turnover of one hundred crore rupees or above
- Companies having paid up capital of five crore rupees or above
- All companies which are required to prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015
Applicability of XBRL – Cost Audit
Benefits of XBRL Filing
Improved way of reporting
Automated data collection
Reliable and accurate
Cost effective
Time saving process
Analytical process
Safe in data handling
Helps in better decision making
How Does XBRL Works
In XBRL the data can be made in a readable form with the help of two documents:
- Taxonomy :- It contains the description and classification of business as well as the financial terms
- Instance Document:- It is made up of the actual facts and figures
The XBRL documents are together made up of Taxonomy and Instance documents.
This process involves mapping, tagging of documents which are further reviewed, verified to validate the XBRL instance document. The generated documents are further scrutinized through a tool and an xml file is created to file with ROC.
Documents Required
- Audited and adopted Financial Statements of the Company along with the relevant attachments adopted in the Annual General Meeting
- Notice of AGM and Board of Directors Report along with the relevant attachments adopted in the Annual General Meeting
- DSC of authorized Director