MCA Form AOC-4 XBRL: Filing Financial Statements and Documents with Registrar

MCA Form AOC-4 XBRL: Filing Financial Statements and Documents with Registrar. Section and Provision – 
Pursuant to section 137 of the Companies Act, 2013 and rule 12(2) of the Companies (Accounts) Rules, 2014 read with Companies (Filing of documents and forms in Extensible Business Reporting Language) Rules, 2015:
Every company needs to file its financial statements, including consolidated financial statement and mandatory attachments, within the prescribed time limit as per section 137. In case financial statements are not adopted in AGM then un-adopted financial statements needs to be filed within 30 days of date of AGM (due date of AGM if AGM not held or extended due date, if any).
Once financial statements are adopted then company shall file the adopted financial statements within 30 days of the AGM.
Certain classes of companies as notified under Companies (Filing of documents and forms in Extensible Business Reporting Language) Rules, 2015 by the Central Government are required to mandatorily file their financial statement in Extensible Business Reporting Language (XBRL) format.
Companies falling in the following categories will have to file their Financial Statements under section 137 of the Companies Act, 2013 using the Extensible Business
Reporting Language (XBRL) taxonomy for financial year commencing on or after 1st April 2014: -

All companies listed with any Stock Exchange(s) in India and their Indian subsidiaries; or

All companies having paid up capital of Rupees five crore and above: or

All companies having turnover of Rupees one hundred crore and above; or

All companies which were hitherto covered under the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011.

However, companies in Banking, Insurance, Power Sector and Non-Banking Financial Companies are exempted from XBRL filing.
Other companies can also file their financial statement in XBRL format voluntarily. However, once, filed in XBRL format, they would be required to file subsequent financial statements only in XBRL format.
Key Information –

The Form is available on V2 portal of MCA.

In case Revised Financial statements are filed: The form will be processed by the office of Registrar of Companies (Non-STP)

In case filing leads to reduction in paid up share capital: The form will be processed by the office of Registrar of Companies (Non-STP)

In all other scenarios: Auto approved (STP mode)

Document Required-

Mandatory attachment

XBRL financial statements duly authenticated as per section 134 (including Board’s report, auditors’ report and other documents)

Mandatory if applicable

XBRL document in respect of Consolidated financial statement (Note- This is mandatory if company is having Subsidiary and Yes is selected for consolidated Financial Statements)

Statement of subsidiaries as per section 129 in Form AOC-1, to be attached in respect of foreign subsidiaries.

Statement of the fact and reasons for not holding the AGM. (This attachment is mandatory if AGM was not held)

Supplementary or test audit report under section 143 (This attachment is mandatory if CAG of India had conducted supplementary or test audit under section 143)

Details of comments of CAG of India (This attachment is mandatory if CAG of India had conducted supplementary or test audit under section 143)

Optional attachments (s)- if any

Timeline-

The form shall be filed with the Registrar within thirty days of the date of annual general meeting.

Where the annual general meeting of a company for any year has not been held, in that case the Form shall be filled within thirty days of the last date before which the annual general meeting should have been held.

Signing

Director DSC

And need to be certify by Professional CA/CS/CMA

Fees-

For company having share capital Nominal Share Capital

Fee applicable

Less than 1,00,000

Rupees 200 per document

1,00,000 to 4,99,999

Rupees 300 per document

5,00,000 to 24,99,999

Rupees 400 per document

25,00,000 to 99,99,999

Rupees 500 per document

1,00,00,000 or more

Rupees 600 per document

For company not having share capital Rupees 200 per document.
Additional fee rules-

Period of delay

Additional fee payable (in Rs.)

Delay beyond period provided under Section 92(4) of the Act

Hundred per day

Delay beyond period provided under Section 137(1) of the Act

Hundred per day

MCA Help-Kit

Section and Provision –

Pursuant to section 137 of the Companies Act, 2013 and rule 12(2) of the Companies (Accounts) Rules, 2014 read with Companies (Filing of documents and forms in Extensible Business Reporting Language) Rules, 2015:

Every company needs to file its financial statements, including consolidated financial statement and mandatory attachments, within the prescribed time limit as per section 137. In case financial statements are not adopted in AGM then un-adopted financial statements needs to be filed within 30 days of date of AGM (due date of AGM if AGM not held or extended due date, if any).

Once financial statements are adopted then company shall file the adopted financial statements within 30 days of the AGM.

Certain classes of companies as notified under Companies (Filing of documents and forms in Extensible Business Reporting Language) Rules, 2015 by the Central Government are required to mandatorily file their financial statement in Extensible Business Reporting Language (XBRL) format.

Companies falling in the following categories will have to file their Financial Statements under section 137 of the Companies Act, 2013 using the Extensible Business

Reporting Language (XBRL) taxonomy for financial year commencing on or after 1st April 2014: -

All companies listed with any Stock Exchange(s) in India and their Indian subsidiaries; or
All companies having paid up capital of Rupees five crore and above: or
All companies having turnover of Rupees one hundred crore and above; or
All companies which were hitherto covered under the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011.

However, companies in Banking, Insurance, Power Sector and Non-Banking Financial Companies are exempted from XBRL filing.

Other companies can also file their financial statement in XBRL format voluntarily. However, once, filed in XBRL format, they would be required to file subsequent financial statements only in XBRL format.

Key Information –

The Form is available on V2 portal of MCA.
In case Revised Financial statements are filed: The form will be processed by the office of Registrar of Companies (Non-STP)
In case filing leads to reduction in paid up share capital: The form will be processed by the office of Registrar of Companies (Non-STP)
In all other scenarios: Auto approved (STP mode)

Document Required-

Mandatory attachment
- XBRL financial statements duly authenticated as per section 134 (including Board’s report, auditors’ report and other documents)
Mandatory if applicable
- XBRL document in respect of Consolidated financial statement (Note- This is mandatory if company is having Subsidiary and Yes is selected for consolidated Financial Statements)
- Statement of subsidiaries as per section 129 in Form AOC-1, to be attached in respect of foreign subsidiaries.
- Statement of the fact and reasons for not holding the AGM. (This attachment is mandatory if AGM was not held)
- Supplementary or test audit report under section 143 (This attachment is mandatory if CAG of India had conducted supplementary or test audit under section 143)
- Details of comments of CAG of India (This attachment is mandatory if CAG of India had conducted supplementary or test audit under section 143)
Optional attachments (s)- if any

Timeline-

The form shall be filed with the Registrar within thirty days of the date of annual general meeting.
Where the annual general meeting of a company for any year has not been held, in that case the Form shall be filled within thirty days of the last date before which the annual general meeting should have been held.

Signing

Director DSC
And need to be certify by Professional CA/CS/CMA

Fees-

For company having share capital Nominal Share Capital	Fee applicable
Less than 1,00,000	Rupees 200 per document
1,00,000 to 4,99,999	Rupees 300 per document
5,00,000 to 24,99,999	Rupees 400 per document
25,00,000 to 99,99,999	Rupees 500 per document
1,00,00,000 or more	Rupees 600 per document

For company not having share capital Rupees 200 per document.

Additional fee rules-

Period of delay	Additional fee payable (in Rs.)
Delay beyond period provided under Section 92(4) of the Act	Hundred per day
Delay beyond period provided under Section 137(1) of the Act	Hundred per day

MCA Form AOC-4 XBRL: Filing Financial Statements and Documents with Registrar

MCA Help-Kit

MCA Help-Kit

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