Related party Disclosure AS - 18

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

08 September 2010 whether disclosure of dividend payment is necessary under AS-18 in case of

Dividend paid to Promoters who holds 48% stake in public limited company and their relatives?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

08 September 2010 Dividend is not covered under AS-18 Related party discloures

Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2010 Dear Sir,

Thanks for reply

Can you give me any facts to support of this querry so that we are able to convince our auditor on this querry.

Upgrade to CAclubindia Pro. Subscribe Now!