What constitutes the Gross Value of transactions as per AS 18 in Form 23AC

[Ganapati Ghatti]

Dear Professionals,

 

In Point No. 23 of Disclosure of Financial Parametres of Form 23AC, a field is provided for Gross Value of Transaction as per AS-18. What matters are to be included in this field. 

 

Pls suggest.

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With regards...

Ganapati M Ghatti

[Jayashree Chandrasekaran]

Refer the Financials of the company which should have disclosed Values
as per AS-18....
Jayashree

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C.JAYASHREE
PARTNER
S.GANESH&ASSOCIATES
CHENNAI
98840 17120

[Ganapati Ghatti]

Thank you Ms. Jayashree,

 

I refered the financials.

 

But the list includes various items such as purchase & sale of goods, job wok charges paid & received, commissions paid& received, interest paid & received, rent & facility charges,investments made in subsidiaries and jointventures, laons taken and repaid,advances for expenses, professional fee and remuneration to directors, outstanding balances from related parties etc..

 

which should i consider for the specific field asked for in the e-Form 23AC..?

[Jayashree Chandrasekaran]

Items affecting the P&L account take them to Form23ACA
and items affecting the B/S takem them to Form 23AC