Related party transaction
This query is : Resolved
Mahender Jain
(Querist)
02 June 2009
A is subsidiary company of B. and B transfer or sale some Spare & store items to A every month,
whether these transaction should be shown in disclosure of related party transaction or not and why
whether these transaction should be shown in disclosure of related party transaction or not and why
C.A.Javid Patel
(Expert)
02 June 2009
yes it is related party transaction because holding & subsudiary is related party as per AS - 18
Kamal sodhi
(Expert)
02 June 2009
Yes it is to be shown as this transaction is related party transaction.
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