As-18
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 February 2013
Hello
can you tell me whether salary paid to director is a related party transaction and AS-18 is applied on it.
thsnks
can you tell me whether salary paid to director is a related party transaction and AS-18 is applied on it.
thsnks
08 February 2013
If the director is a key management personnel, then it should be disclosed as a related party transaction. Generally companies will pay remuneration only to KMPs.
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