XBRL Filing Services in Hyderabad – Nikitha Associates
Simplify Your Financial Reporting with Expert XBRL Filing
At Nikitha Associates, we specialize in offering professional and accurate XBRL filing services in Hyderabad for companies that are required to file their financial statements in XBRL (eXtensible Business Reporting Language) format with the Ministry of Corporate Affairs (MCA). Our experienced team ensures full compliance with MCA guidelines, so your filings are seamless, timely, and audit-ready.
What is XBRL Filing?
XBRL (eXtensible Business Reporting Language) is a standardized format for electronic communication of business and financial data. The Ministry of Corporate Affairs mandates certain companies to file their Balance Sheet and Profit & Loss Account in XBRL format for greater transparency and ease of data analysis.
Filing in XBRL requires technical accuracy, proper tagging of financial elements, and adherence to the MCA taxonomy.
Who is Required to File in XBRL Format?
As per MCA guidelines, the following companies must file in XBRL format:
- All companies listed with any stock exchange in India and their Indian subsidiaries
- All companies with a paid-up capital of ₹5 crore or more
- All companies with a turnover of ₹100 crore or more
- All companies required to prepare financial statements under the Companies (Indian Accounting Standards) Rules, 2015
Note: Banking, insurance, power companies, and NBFCs are currently exempt from XBRL filing.
Our XBRL Filing Services Include:
✅ Conversion of Financial Statements to XBRL Format
✅ Tagging as per Latest MCA Taxonomy
✅ Validation of XBRL Documents
✅ Filing of AOC-4 (XBRL) with ROC
✅ Assistance with Revised Filings and Errors
✅ Consultation on XBRL Compliance Requirements
Why Choose Nikitha Associates?
- ✅ Qualified XBRL Experts & Chartered Accountants
- ✅ MCA-Compliant Tagging and Formatting
- ✅ Timely and Error-Free Filing
- ✅ Affordable Packages for SMEs and Large Enterprises
- ✅ End-to-End Support – From Data Collection to Acknowledgment
- ✅ Confidential and Secure Handling of Financial Data
Avoid Penalties – File XBRL Returns on Time
Failure to file financial statements in XBRL format within the due date can lead to:
- Penalties under the Companies Act
- Rejection of filings by ROC
- Non-compliance status for your company
Stay ahead of deadlines with our timely reminder and compliance support.
Let Us Handle Your XBRL Filing Needs
Outsource your XBRL compliance to professionals who understand both finance and technology. Nikitha Associates ensures that your XBRL filings are complete, compliant, and submitted well before the deadline.
Nikitha Associates – Your Trusted XBRL Filing Experts in Hyderabad
