As-18

Save Share

This query is : Resolved

pnayal (Querist)
Follow

07 November 2012 SIR, THANKS FOR YOUR REPLY, PLZ LET ME KNOW WHICH TYPE OF TRANSACTIONS ARE FALL IN THE RELATED PARTY TRANSACTIONS AS PER-18 WHICH ARE SHOWN IN THE FORM 23AC.

Ajay Mishra

Ajay Mishra (Expert)
Follow

07 November 2012 Hi

As per AS-18, Related Party Transaction covers:

1. Salary to Director
2. Advance against share capital given
3. Lease Rent on equipment received
4. Securities Deposit Receipt-Refunded
5. Unsecured Loan (taken/given/returned)
6. Loan & Advances
7. Share application money invested
8. Share Application money received
9. Shares Issued.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now