Unsecured loan
anand (trainee) (67 Points)
09 March 2017
can we treat unsecured loan from promoters of private limited company as related party transaction? under as-18?
1 Replies
Mahesh Babu
(CA Final)
(618 Points)
Replied 12 March 2017
Need to show as related party transactions as per AS-18 in the notes to accounts to the financials of such company
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