Menu
Related party disclosure
Whether repayment of loan to/from director is included in AS-18 related party disclosure?? If yes, what is tobe included? Principal amount or interest or both??
Replies (3)
yes it is to be included only pricipal amount to be shown .
Can you please give me some reference regarding this like section or something else??
Both loan taken/given amount & Interest needs to be disclosed under related party transaction
Recent Threads
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
Related Threads
CAclubindia
