I would like to know what kinds of transaction in respect of related party to be mentioned in in point no. 14 of form 23AC of ROC..
while reading the instructions for form 23AC, its says that " The Gross value of Capital items as on the date of Balance Sheet for transaction with related parties should be entered as per AS 18"
my que is :
what are capitel items for transaction with related parties as per AS 18 which are mentioned in column no 14 of Form No. 23AC of ROC??
20 September 2010
Total any amount paid to those related parties during the financial year is to be mentioned. It could be by way of salary, medical exp/ interest or anything....
CAclubindia
