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
Regards,
Rohtash Hurria
CAclubindia
