Page 232 - Tata_Chemicals_yearly-reports-2017-18

22. Other liabilities

` in crore
Particulars As at As at
31 March, 2018 31 March, 2017
Non-current
(a) Deferred income (including government grants) 29.22 27.89
(b) Others 37.21 33.03
66.72 60.92
Current
(a) Statutory dues 105.07 122.48
(b) Advance received from customers 81.67 106.16
(c) Deferred income (including government grants and emission trading allowance) 12.71 13.91
(d) Others 4.64 6.38
204.09 248.93

23. Tax assets and liabilities

` in crore
Particulars As at As at
31 March, 2018 31 March, 2017
(a) Tax assets
Non-current
(i) Advance tax assets (net) 671.55 502.88
Current
(i) Current tax assets (net) 34.52 15.40

(b) Current tax liabilities (net) 131.03 117.79

24. Held for sale and discontinued operations

` in crore
Particulars As at As at
31 March, 2018 31 March, 2017
(a) Assets classified as held for sale and discontinued operations
(i) Assets held for sale (footnote 'i') 12.65 5.92
(ii) Discontinued operations (footnote 'ii') 1,085.69 1,532.46
1,098.34 1,538.38
(b) Liabilities directly associated with discontinued operations
(i) Discontinued operations (footnote ‘ii’) 549.95 511.27
549.95 511.27
Footnotes:
(i) The Group intends to surrender the leasehold land which it no longer intends to utilise in the next 12 months. The Group is currently
in discussion with appropriate authorities in this direction. No impairment loss was recognised on reclassification of the assets as held
for sale nor as at reporting date, as the management expects that the fair value (estimated based on the surrender value) less cost to
surrender is higher than the carrying amount.
During the current year, the Group disposed off the assets amounting to ` 0.16 crore classified as assets held for sale as at 31 March, 2017.
(ii) Discontinued operations comprise of assets and liabilities of Phosphatic Fertilisers business and Trading Business as at 31 March, 2018
and of Urea and Customised Fertiliser business as at 31 March, 2017 (note 34).

230 Annual Report 2017-18