XBRL Applicability.
Malathi.S (Trichy) (65 Points)
12 July 20202. Once the Company covered under the XBRL category, then is it mandatory to file its financials in XBRL in all its future years or it depends on the year?
Malathi.S (Trichy) (65 Points)
12 July 2020
Narendra Shah
(XBRL Advisory Services)
(225 Points)
Replied 13 July 2020
Hi Malathi,
With regard to your queries, please note replies:
1. No. Subsidiaries are required to file in XBRL in case of Listed Companies only. Unlisted Company's Subsidiary not required to file in XBRL if holding Co. is covered under XBRL criteria.
2. Yes - Once XBRL the Always XBRL. Notification FYR: https://www.mca.gov.in/Ministry/pdf/CompaniesXBRL0803rule_15032018.pdf
You can check applicability of XBRL for various companies and contact for any queries at: https://xbrlexperts.net/in/who-need-to-file-in-xbrl/
Malathi.S
(Trichy)
(65 Points)
Replied 13 July 2020
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