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As-18

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Querist : Anonymous

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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
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
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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