AS-18, How does reporting requirements differ
This query is : Resolved
05 July 2009
How does reporting requirements differ in case holding company of a company changes during an acounting year due to merger or amalgamation.
now we have two holding companies within an accounting year so how we need to show the related party transactions in the notes on accounts.
Pls. suggest
now we have two holding companies within an accounting year so how we need to show the related party transactions in the notes on accounts.
Pls. suggest
CA. B.SRINIVASULU
(Expert)
05 July 2009
Both the company transactions has to be disloced giving the dates of transactions and giving in notes the companies who were the holding companies and dates of holding.
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