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related party disclosures

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(Querist)
03 February 2010 one pvt ltd co. taking a car on hire from the director & pays fixed sum as per contract. tds also deducted...my query is that is it should be disclosed in financial statement separately as per AS 18 & in audit report..
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CA Vijay Kumar Gupta

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CA Vijay Kumar Gupta (Expert)
03 February 2010 yes, it should be dislosed.

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