Related Party Disclosure
This query is : Resolved
17 September 2008
There two companies one is controlled by one brother as whole time director ,the second one by second brother as whole time director, all the shares in both the companies are held by them selves and their family members.
My question if during the year any transaction has taken place, whether they are required reporting under AS-18 or not.
My question if during the year any transaction has taken place, whether they are required reporting under AS-18 or not.
17 September 2008
Yes, these are to be reported.
17 September 2008
Yes, transactions between the companies and transactions between companies and the controlling men and relatives.
17 September 2008
Yes this is to be reported under AS-18 related party transaction
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