Page 146 - Kolte Patil AR 2019-20

Notes forming part of the standalone financial statements

NOTE 6 - LOANS : NON-CURRENT (H in Lakhs)
As at As at
Particulars
March 31, 2020 March 31, 2019
At amortised cost, unsecured considered good unless otherwise stated
Loans to related parties (Refer Note 32 and Note 43) 1,069 889
Total 1,069 889

NOTE 7 - OTHER FINANCIAL ASSETS : NON-CURRENT (H in Lakhs)
As at As at
Particulars
March 31, 2020 March 31, 2019
At amortised cost, unsecured considered good unless otherwise stated

(a) Security deposits 1,655 1,606
(b) Current balance in limited liability partnership’s and firms 14,093 9,710
(c) Balances with banks to the extent held as margin money or security against the 918 802
borowings, guarantees, other commitments.
(d) Interest accrued on bank deposits 137 58
(e) Maintenance charges recoverable 26 129

Total 16,829 12,305

NOTE 8 - DEFERRED TAX ASSETS / (LIABILITIES) (H in Lakhs)
Significant components of Opening Recognized / Recognized in/ Closing balance
deferred tax assets and liabilities: balance Reversed reclassified from as on March
as on April 1, in the other comprehensive 31, 2020
2019 statement of income
profit or loss
Deferred tax assets:
Revenue recognition (at a point in time in the books of 10,198 (2,878) - 7,320
accounts as against over time for the purpose of calculation
of income tax).
Employee benefits 397 (112) (5) 280
Property, plant and equipment and intagiable assets (84) 104 - 20
Borrowings 34 44 - 78
Others 2 41 - 43
Total deferred tax assets 10,547 (2,800) (5) 7,742
Deferred tax liabilities:
Others 486 (173) - 313
Total deferred tax liabilities 486 (173) - 313
Net deferred tax assets/(liabilities) 10,061 (2,628) (5) 7,428

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