Applicability of Indian AS is a significant point to be considered for any corporate. As the applicability of the same is in partial manner, there may be some sort of uncertainty with regard to its applicability. Here is the Chart of Applicability / Applicability if Ind AS in tabular form which is easy to understand.
Basic Criteria for the Applicability of Ind AS is Listing and Net Worth of the company. One need to ensure weather company is listed or not in recognized stock exchange of India and weather Net Worth of the company (that consist of Share Capital, General & Free Reserves as well as Security Premium as reduced by Preliminary Expenses) is above 500 crores or not.