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Accounting standard - 18 - related party

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2014 Mr A Hold 50% share in A Ltd, Mr B (Brother of Mr A) is KMP in B Ltd.

Whether B Ltd is Related Party for Reporting Entity M/s A Ltd?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 July 2014 whetehr there is any transaction bet m/s a lts and b ltd?

and whether 50% are held by B in m/s altd?

if yes then only its a related party transaction and needs to be reported.
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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2014 my question is whether these are related party or not?, not on need to reported or not.
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