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Disclosure

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17 March 2013 If a holding company enters into in an agreement with its subsy to exchange their services at 90% discount
whether any disclosure is required under the respective Accounting Standard??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 March 2013 yes. disclosure required as per accounting standard 18 Related party disclosure and also requires compliance u/s.297 of companies act
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