AS -18 related party discloser ???
This query is : Resolved
Vijay Parmar
(Querist)
16 July 2010
pvt ltd company receive loans from directors
can it is covered as per AS-18 ???
it is required to mention in notes to account???
can it is covered as per AS-18 ???
it is required to mention in notes to account???
Aditya Maheshwari
(Expert)
16 July 2010
If the director is a KMP or Individuals owning directly or indirectly interest in voting power that gives them prime control or significant influence and relatives of such individuals then disclosure of the same is required
16 July 2010
As per AS 18 it needs Disclosure.
As 18 also applicable to Pvt. ltd. Co.
As 18 also applicable to Pvt. ltd. Co.
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