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Disclosure of name of related parties and directors’ interest in other companies in financial statements
Related party transaction simply means to a deal or arrangement made between two parties who are joined by a pre-existing business relationship or common interest. Companies often seek business deals with parties with whom they are familiar or have a common interest. Although related-party transactions are themselves legal, they may likely to create conflicts of interest or lead to other illegal situations.
from taxmann.com Latest Articles https://www.taxmann.com/topstories/105010000000018732/disclosure-of-name-of-related-parties-and-directors’-interest-in-other-companies-in-financial-statements.aspx
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from taxmann.com Latest Articles https://www.taxmann.com/topstories/105010000000018732/disclosure-of-name-of-related-parties-and-directors’-interest-in-other-companies-in-financial-statements.aspx
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