Xbrl tool

Rohtash (CA - Final / CS / B.Com)   (1140 Points)

18 November 2011  


Hi All,

I am back after a gap of time but with a new topic. This is regarding the new tool introduced by Taxmann  keeping in line all the guidelines of Companies Act, Income Tax, MCA, etc.

The new tool "XBRL" is intoduced & now every Audit firm or Individual have to submit the Balance Sheet, Retuns, Form 23B & other mandatory requirements in XBRL format in XBRL Tool which brings the consistency in the report & the Financials are prepare following all the applicable Accounting Standards, GAAP, etc.

Thus, all I would like you all to comment on the same & lets spread the information, use & benefits of the Tool.

Thanking you


Rohtash Hurria