Page 310 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

(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, 2022 As at March 31, 2021
Particular
Gross amount Tax effect Gross amount Tax effect
Deductible temporary differences 1,560.02 406.47 2,076.60 387.47
Unused tax losses 645.51 168.76 985.03 226.51
2,205.53 575.23 3,061.63 613.98
The Unused tax losses amounting to ` 2.74 crore (2021: ` 1.50 crore) for which no deferred tax asset was recognised expires between
FY 2028 - 2029.
The deductible temporary differences and others unused tax losses do not expire under current tax legislation i.e. ` 2,202.79 crore
(2021: ` 3,060.13 crore).

23. Other liabilities
` in crore
As at As at
Particulars
March 31, 2022 March 31, 2021
Non-current
(a) Deferred income (including government grants) 366.89 94.05
(b) Others 30.37 32.17
397.26 126.22
Current
(a) Statutory dues 160.53 135.17
(b) Advance received from customers 143.85 113.63
(c) Deferred income (including government grants and emission trading allowance) 210.12 4.50
(d) Others 21.49 12.09
535.99 265.39
24. Tax assets and liabilities
` in crore
As at As at
Particulars
March 31, 2022 March 31, 2021
(a) Tax assets
Non-current
(i) Advance tax assets (net) 707.17 663.86
Current
(i) Current tax assets (net) 0.76 2.59
(b) Current tax liabilities (net) 122.26 154.93

25. Trade payables
` in crore
As at As at
Particulars
March 31, 2022 March 31, 2021
(a) Trade payables 2,425.09 1,661.44
(b) Amount due to micro enterprises and small enterprises 19.59 21.43
2,444.68 1,682.87

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