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Modification of Earlier Arrangement and Acquisition of Sri Sai (Tables)
 12 Months Ended
Mar. 31, 2024
Modification of Earlier Arrangement and Acquisition of Sri Sai [Abstract]  
Schedule of Applying the New Accounting Policy The adoption of new accounting policy does not constitute a change in accounting policy but an application of the accounting policy to changing facts, circumstances and conditions that differ in substance from those previously occurring. The summarized financial statements as of March 31, 2023 and April 1, 2022, applying the new accounting policy to the contract modification prospectively.
Extract from Financial Statements  As at
April 1,
2022
(Pre-adjustment)		   Adjustments   As at
April 1,
2022
(Post-adjustment)		   As at
March 31,
2023		 
Assets items                
Non-current assets                
Intangible (Customer Acquisition, net of amortisation)   35,186,496    (35,186,496)   
—
    
—
 
Deferred tax assets*   537,915    (537,915)   
—
    
—
 
Current assets                    
Other receivables   50,939,090    (50,939,090)   
—
    
—
 
Total of assets   86,663,501    (86,663,501)   
—
    
—
 
Liabilities Items                    
Non-current liabilities                    
Customer Acquisition List Payable, net of current portion   (29,146,665)        
—
    
—
 
Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023   (395,209)        
—
    
—
 
Net of payments during the year ended March 31, 2023   (28,751,456)   28,751,456    
—
    
—
 
Deferred tax liability*   (2,297,717)   2,297,717           
                     
Current liabilities                    
Other financial liabilities                    
Interest on tax payable   (845,792)   845,792           
Other current liabilities:                    
CSR expenses payable   (206,619)        
—
    
—
 
Statutory liabilities*   (7,790,691)   7,997,310    
—
    
—
 
Customer acquisition payable   (29,146,665)   29,146,665           
Current tax liability   (3,305,308)   3,305,308           
Total of liabilities   (72,344,247)   72,344,247    
—
    
—
 
Net balances adjusted        (14,319,254)   
—
    
—
 
Retained earnings (refer to Consolidated Statement of Changes in Equity)   12,148,403    (14,319,254)   (2,170,851)   4,518,954 

 

*These balances were as per standalone financial statements of Lytus India