Hi everyone,
I recently came to know the notification from MCA which says that the following 2 classes of companies have to file their statements in ROC from the F.Y. 2010-2011 in XBRL Format:
(i) All companies listed in India and their subsidiaries, including overseas subsidiaries;
(ii) All companies having a paid up capital of Rs. 5 Crore and above or a Turnover of Rs. 100 crore or above .
Now, can anybody tell me what is this XBRL Reporting ??? What shud i do to file the statements in this format???
Also i have a client which is a domestic public company having paid-up capital of 14 Crores...will this XBRL reporting be applicable to my client???
Thanks in advance.
Regards,
Suraj.S