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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
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