Relative as per a.s. 18

This query is : Resolved 

30 November 2012 DEAR EXPERTS,
LOAN FROM BROTHER OF SPOUSE SHALL WE CONSIDER AS LOAN FROM RELATED PARTY FOR REVISED SECH. VI

30 November 2012 For the purpose of AS-18-
Relative – In relation to an individual, means the spouse, son, daughter,
brother, sister, father and mother who may be expected to influence, or
be influenced by, that individual in his/her dealings with the reporting
enterprise.
It means it does not cover brother of spouse



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