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Get Related Party Declaration Form
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How to fill out the Related Party Declaration Form online
Filling out the Related Party Declaration Form is an important step for individuals connected with the Council to disclose any related party transactions. This guide will provide clear and comprehensive instructions to ensure you complete the form accurately and efficiently.
Follow the steps to complete your form effectively.
- Click ‘Get Form’ button to access the form and open it in your preferred online editor.
- Begin by entering your name in the designated field at the top of the form to identify yourself.
- Decide whether to sign Declaration A or Declaration B. If you have had related party transactions with the Council during the specified period, select Declaration A. If not, opt for Declaration B.
- If you choose Declaration A, provide detailed descriptions of each related party transaction you had with the Council, including dates and transaction amounts in the designated area.
- If applicable, list the names of related parties involved in the transactions and specify your relationship with them for clarity.
- Sign and date the form in the spaces provided to validate your declaration.
- Review all entries for accuracy and completeness before finalizing your submission.
- Once verified, you can choose to save changes, download a copy, print the form, or share it if needed.
Complete your related party declaration form online today to ensure compliance and transparency.
Indian Accounting Standard 24 requires disclosures to be made by a parent entity regarding its transactions with associates, joint ventures or subsidiaries, collectively referred to as Related party. Hence related party refers to an entity or person that is related to the reporting entity.
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