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Related Party

This query is : Resolved 
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(Querist)
11 August 2009 Whether dividend paid to a director who is a shareholder also should be reported as a related party transaction?
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C.A Rohit Gambhir

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C.A Rohit Gambhir (Expert)
11 August 2009 Yes, Dividend to a drector who is a shareholder must be repored as Relate Pary Transaction as per AS 18
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