Company Closure Procedure

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Want To Wind Up Your Company ? Consult Our Experts Now To Get Detailed Guide About Any Type Of Company Closure

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XBRL filing

XBRL is a tool which helps us analysing the financial and other data in a systematic manner. All technical data and Data reading is made by it and we would not be requiring to segregate the information for analysis.

XBRL filing is applicable on following business entity-

  • All India listed company and their Indian subsidiaries.
  • All companies with paid up capital of Rs. 5 Cr. or above
  • All companies with turnover of Rs. 100 Cr. or above
  • All companies which are covered under (Extensible business reporting language) Rules, 2011.

Companies in Banking, Insurance, Power Industries and NBFCs are exempted from XBRL Filing

Who can benefit from using XBRL?

All type of companies can use XBRL Tool to automate the data collection process and distribution to various stakeholders. User can be benefitted in saving costs and in improvement in efficiency in managing business technical information. And XBRL is being extensible and flexible.

Cost XBRL Filing is applicable to following business entities :

Companies covered under these companies ( Cost Records and Audit) Rules, 2014 shall, within a period of 30 days from the date of receipt cost audit report, submit such report along with full information and and explanation of every qualification or reservation contained therein to the Central Government in the form of CRA-4

FAQ

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What is Company Closure Procedure?

Company Closure Procedure is a professional advisory and compliance service for businesses, entrepreneurs, and organisations that need help with registration, licensing, documentation, filings, approvals, or ongoing regulatory requirements. Get your company closed with ease in India .Want to know the procedure for company closure in India ? Get expert advice from our #1 business consultant in India

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