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XBRL filings

Applicability of XBRL Filing for Companies:

Certain categories of companies are required to file their balance sheet, profit and loss account, and e-form AOC-4 XBRL using the XBRL taxonomy with the Registrar of Companies (ROC). These companies include:

  1. Every public company listed on an Indian stock exchange and their Indian subsidiaries.
  2. Every company with a turnover of ₹100 crore or more.
  3. Every company with a paid-up capital of ₹5 crore or more.
  4. Every company required to prepare its financial statements in accordance with the Companies (Indian Accounting Standards) Rules, 2015.
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    Exemptions from XBRL Filing

    The following types of companies are exempt from filing financial statements with the ROC in XBRL format:

    • Non-Banking Financial Companies (NBFCs).
    • Housing Finance Companies.
    • Insurance companies and banks.

    Continuity of XBRL Filing

    Once a company has filed its financial statements in XBRL format under Section 137 of the Companies Act, 2013, it must continue to do so, even if it no longer falls under the categories mentioned above.

    Documents Required for AOC-4 XBRL Filing

    The following documents must be attached when filing e-form AOC-4 XBRL:

    • Profit and Loss Statement.
    • Balance Sheet.
    • Cash Flow Statement.
    • Schedules related to the Profit and Loss Statement and Balance Sheet.
    • Statement of Subsidiaries as per Section 129 of the Companies Act, 2013.
    • Board’s Report, Audit Report, and Annual Report.
    • Consolidated Financial Statements (if applicable).
    • Comments of Comptroller and Auditor General (CAG) of India (if applicable).

    Due Date for Filing Form AOC-4 XBRL for the Financial

    Form AOC-4 XBRL must be filed within 30 days from the date of the Annual General Meeting (AGM).

    Late Filing Fee for XBRL Report

    If the AOC-4 XBRL (annual return, balance sheet, or financial statement) is filed after the due date specified under Section 137(1) of the Companies Act, 2013 (which is within 30 days from the date of the Annual General Meeting), a late fee of ₹100 per day will be applicable.