Essential Documents Needed for XBRL Returns Filing by NBFCs
When filing XBRL Returns for NBFCs, it is crucial to have the necessary documents ready to ensure a smooth and accurate submission process. The essential documents include the balance sheet, profit and loss statement, cash flow statement, and any other relevant financial statements. Additionally, you will need the company's basic information, such as the registration details, director information, and auditor's report. Having these documents prepared and in the correct format helps meet regulatory requirements set by the Reserve Bank of India (RBI) and ensures that your NBFC remains compliant. Proper documentation is key to avoiding errors and delays in the filing process.