Cross Border
XBRL Reporting Services in India
As part of India’s corporate governance framework, the Ministry of Corporate Affairs (MCA) mandates that certain companies file their financial statements in XBRL (Extensible Business Reporting Language) format. While XBRL enhances transparency and comparability, many businesses find the reporting process highly technical and time-consuming.
Get guidance from a professional.
At ScaleX Business, we help companies seamlessly prepare and file their XBRL-compliant financial statements—ensuring accuracy, timeliness, and complete compliance with MCA requirements.
Cross border
What is XBRL and Why It Matters
XBRL is a globally recognized standard for exchanging business information. In India, the MCA has made XBRL filing mandatory for:
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All listed companies and their Indian subsidiaries
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Companies with paid-up capital of INR 5 crore and above
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Companies with turnover of INR 100 crore and above
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Companies covered under specific MCA notifications
By adopting XBRL, the government ensures greater data accuracy, standardization, and easy comparison across industries. For businesses, correct reporting prevents regulatory penalties and reputational risks.
Timeline & Process
Our XBRL Services
We provide end-to-end support for your XBRL reporting obligations:
01.
Conversion of Financials into XBRL Format
We map and tag your audited financial statements into the MCA-compliant XBRL taxonomy, covering:
- Balance Sheet
- Profit & Loss Statement
- Cash Flow Statement
- Notes to Accounts
02.
Validation & Compliance Review
Before submission, our team performs multiple rounds of validation to ensure:
- Accurate tagging of financial data
- Alignment with latest MCA taxonomy updates
- Zero validation errors during MCA upload
03.
Filing with MCA
We manage the end-to-end filing process, including preparation of the required e-forms (AOC-4 XBRL, etc.) and submission on the MCA portal.
04.
Ongoing Support & Updates
XBRL taxonomies and MCA requirements are updated regularly. We keep you informed and ensure your filings are always compliant with the latest rules.
XBRL
Common Mistakes Businesses Make
With ScaleX Business, you get a partner who takes ownership of the process—ensuring accuracy, compliance, and peace of mind.
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Misinterpretation of MCA taxonomy requirements
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Errors during conversion leading to rejected filings
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Inadequate internal bandwidth to manage filings on time
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Lack of awareness on latest MCA circulars and changes
ScaleX Advantage
Why ScaleX Business for XBRL?
ScaleX Business can bridge this gap and assist you with better compliance and all the tools to be prepared and equiped.
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Deep expertise in India corporate compliance
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Hands-on support for foreign-owned companies expanding into India
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Dedicated compliance specialists with strong knowledge of MCA systems
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A global perspective backed by local execution
Get started
Stay Compliant with Ease
Don’t let technicalities of XBRL filings slow your business down. Let our experts handle the process while you focus on growth.
Our Services
How ScaleX Business can help.
Formation
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