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Related Party Disclosure

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(Querist)
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.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
17 September 2008 Yes, these are to be reported.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
17 September 2008 Yes, transactions between the companies and transactions between companies and the controlling men and relatives.
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CHEZHIYAN

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CHEZHIYAN (Expert)
17 September 2008 Yes this is to be reported under AS-18 related party transaction
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