AS 18

Accountancy

If A is KMP in XYZ lts And A has Significant infuance in PQR ltd. Than XYZ and PQR reated party or not?

Jiya T

CA Inter

★ 10

23-May-22 13:21

599

Answers (5)

Best Answer

Thread Starter

Jiya T

If A is not KMP and has sig. Influence in both the company, than are that both company related party?

Yes related as he is individual.if A is other than individual then not related

Sairam Reddy

CA Final

★ 10K+

23-May-22 15:05

Yes

Kumar G

CA Final

★ 12K+

23-May-22 13:23

Yes related party

Priyanka R

CA Final

★ 20K+

23-May-22 13:56

Priyanka R

Yes related party

If A is not KMP and has sig. Influence in both the company, than are that both company related party?

Thread Starter

Jiya T

CA Inter

★ 10

23-May-22 14:06

Yes

Manoj Raj

CA Final

★ 12K+

23-May-22 17:10

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AS 18

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