Page 285 - Tata_Chemicals_yearly-reports-2019-20

Integrated report Statutory reportS Financial StatementS
Consolidated

` in crore
As at Recognised in Recognised in Recognised Ind-AS 116 Others** Exchange As at
April 1, Consolidated Consolidated in other Transition fluctuations March 31,
2018 Statement of Statement of comprehensive Impact 2019
Profit and Loss Profit and Loss income
(continuing (discontinued
operations) operations)
Deferred tax assets/(liabilities) in relation to:
property, plant and equipments and intangible asset (1,384.17) 57.46 - - - - (63.51) (1,390.22)
allowance for doubtful debts and advances 40.92 10.62 - - - - - 51.54
accrued expenses allowed in the year of payment 74.02 (12.98) - (32.63) - - - 28.41
Mark to market gains on mutual funds and derivatives - (19.94) - - - - - (19.94)
lease liabilities (0.41) 0.41 - - - - - -
Financial assets at FVtoCI 5.53 - - - - - - 5.53
partnership tax basis differences for uSa Subsidiaries (37.77) (1.53) - 3.46 - - (2.33) (38.17)
defined benefit obligation 34.89 0.23 - (6.32) - - 2.06 30.86
alternative Minumum tax ('aMt') Credit (note 35) 92.80 (6.71) - - - (27.74) 5.74 64.09
others (17.36) (9.02) (0.14) (1.94) - - (0.82) (29.28)
(1,191.55) 18.54 (0.14) (37.43) - (27.74) (58.86) (1,297.18)
** Includes Impact of tax receivables (on aMt), transfer to discontinued operation, Impact of Merger of Metahelix life Sciences limited with rallis India
limited and Impact due to acquisition of non-controlling interest on ppe and Intangible assets.
(iii) Unrecognised deferred tax assets
deferred tax assets have not been recognised in respect of the following items, because it is not probable that future taxable profit
will be available against which the group can use the benefits therefrom:
` in crore
As at March 31, 2020 As at March 31, 2019
Gross Tax effect Gross Tax effect
amount amount
deductible temporary differences 1,237.11 261.23 1,304.95 248.66
unused tax losses 962.25 229.87 784.51 166.81
2,199.36 491.10 2,089.46 415.47

the tax losses amounting to ` 6.04 crore (2019: ` 257.29 crore) for which no deferred tax asset was recognised expires between FY 2020 - 2028.
the deductible temporary differences and othes unused tax losses do not expire under current tax legislation.
23. Other liabilities ` in crore
As at As at
March 31, 2020 March 31, 2019

Non-current
(a) pension payable on employee seperation 0.17 0.24
(b) deferred income (including government grants) 56.41 27.76
(c) others 41.49 40.25
98.07 68.25
Current
(a) Statutory dues 195.24 134.94
(b) advance received from customers 114.64 92.66
(c) deferred income (including government grants and emission trading allowance) 60.14 10.34
(d) others 14.40 11.85
384.42 249.79

283