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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Soyabean hsn code and gst rate
- STCG FOR GOLD ETFs
- Long Term Service award taxability in hands of company
- Free lancer income
- Last year TDS Claim
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
