As-18
This query is : Resolved
15 May 2013
Hi
My query is, we have one indian company, 2 indian subsidaries and 2 foreign subsidaries. In Financials of Indian subsidaries, do we need to disclose 2 foreign subsidaries, 1 Indian subsidary as related parties as per AS-18. or Is it enough to disclose Holding company itself...,
My query is, we have one indian company, 2 indian subsidaries and 2 foreign subsidaries. In Financials of Indian subsidaries, do we need to disclose 2 foreign subsidaries, 1 Indian subsidary as related parties as per AS-18. or Is it enough to disclose Holding company itself...,
CA Sourabh Agarwal
(Expert)
16 May 2013
Yes, no such exemption is available.
16 May 2013
Thanks for your reply. but you have not mentioned whether to disclose or not....can you make me more clear...,
CA Sourabh Agarwal
(Expert)
16 May 2013
I think anyone can understand what i replied. Still. ALL DISCLOSURES REQUIRED.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Movement of goods by packers and movers - type of sale - Reg.
- ARCA LOGIN
- RCM and same line
- Closer of business and itc of capital goods
- TDS Return Statement Status
- Missed uploading GST Invoice
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
