CA Ashok Kumar Jha (profession) (62 Points)
08 December 2008Can some one tell me whether it is related party transaction as Per AS 18.
Intrest received on loan by Company A from company B if both company have common director and director taking part in manegerial decesion. Company A is reporting company.
If YES what types of disclosure need for the same.
CA Surajit Roy
(Service)
(89 Points)
Replied 08 December 2008
Yes,
CA Surajit Roy
CAclubindia
