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AS-18

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(Querist)
14 June 2010 A COMPANY HAS MAJOR SHAREHOLDER AND QUALIFIED TO BE RELATED PARTY TO THE CONCERN COMPANY.

CAN U PLS EXPLAIN WHAT DISCLOSURE TO BE ADDED IN NOTES TO ACCOUNTS.
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KRISHNA KUMAR R C

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KRISHNA KUMAR R C (Expert)
16 June 2010 As per AS-18, the following are to disclosed in the notes to accounts:-
1. Name and relatioship of the related parties.
2. Nature and amount involved in the transaction during the financial year with the related parties.
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