As we all know that XBRL is applicable to all listed Companies and their Indian subsidiaries, my query is , if it is applicable to the step down indian subsidiaries also.?
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Reg:applicability of xbrl
Replies (3)
Yes, Because a company is deemed to be a subsidiary of another if (but only if):
(a) that other
(i) is a member of it and controls the composition of its board of directors; or
(ii) holds more than half in nominal value of its equity share capital; or
(b) the first-mentioned company is a subsidiary of any company which
is that others subsidiary.
GOOD REPLY BY NITIN. AGREED
Exactly, agree with learned members.
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