As-18
This query is : Resolved
15 May 2013
Hi
My query is, we have one indian company, 2 indian subsidaries and 2 foreign subsidaries. In Financials of Indian subsidaries, do we need to disclose 2 foreign subsidaries, 1 Indian subsidary as related parties as per AS-18. or Is it enough to disclose Holding company itself...,
My query is, we have one indian company, 2 indian subsidaries and 2 foreign subsidaries. In Financials of Indian subsidaries, do we need to disclose 2 foreign subsidaries, 1 Indian subsidary as related parties as per AS-18. or Is it enough to disclose Holding company itself...,
16 May 2013
Yes, no such exemption is available.
16 May 2013
Thanks for your reply. but you have not mentioned whether to disclose or not....can you make me more clear...,
16 May 2013
I think anyone can understand what i replied. Still. ALL DISCLOSURES REQUIRED.
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