Related party transaction as per AS 18

CA Ashok Kumar Jha (profession) (62 Points)

08 December 2008  

Can 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.