Page 230 - Tata_Chemicals_yearly-reports-2017-18

21. Deferred tax assets (net) and liabilities (net)

` in crore
Particulars As at As at
31 March, 2018 31 March, 2017
(a) Deferred tax assets (net) (footnote 'i') 20.81 23.67
(b) Deferred tax liabilities (net) (footnote 'ii') (1,191.55) (1,238.07)
Footnotes:
(i) Deferred tax assets (net)

Particulars As at Recognised Recognised Recognised Tax Exchange As at
1 April, in the in the in other Receivables fluctuations 31 March,
2017 Consolidated Consolidated comprehensive 2018
Statement of Statement of income
Profit or Loss Profit or Loss
(continuing (discontinued
operations) operations)
Deferred tax assets/(liabilities) in
relation to:
Property, plant and equipments and
intangible asset (10.13) (1.53) - - - - (11.66)
Allowance for doubtful debts and
advances 3.33 0.17 - - - - 3.50
Defined benefit obligation 0.55 0.07 - - - - 0.62
Others 0.01 0.02 - - - - 0.03
(6.24) (1.27) - - - - (7.51)
Tax losses 16.68 (8.96) - - - - 7.72
Unused credits 13.23 7.37 - - - - 20.60
23.67 (2.86) - - - - 20.81

Particulars As at Recognised Recognised Recognised Tax Exchange As at
1 April, in the in the in other Receivables fluctuations 31 March,
2016 Consolidated Consolidated comprehensive 2017
Statement of Statement of income
Profit or Loss Profit or Loss
(continuing (discontinued
operations) operations)
Deferred tax assets/(liabilities) in
relation to:
Property, plant and equipments and
intangible asset (8.43) (1.70) - - - - (10.13)
Allowance for doubtful debts and
advances 2.02 1.31 - - - - 3.33
Defined benefit obligation 0.62 (0.07) - - - - 0.55
Others 0.37 (0.40) - - - 0.04 0.01
(5.42) (0.86) - - - 0.04 (6.24)
Tax losses 14.38 2.30 - - - - 16.68
Unused Credits - 13.23 - - - - 13.23
8.96 14.67 - - - 0.04 23.67

228 Annual Report 2017-18