Page 193 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

Notes forming part of the Standalone Financial Statements

Note No. : 21 Provisions
(i) Non-current (H in Lacs)
Particulars As at As at
31st March, 2020 31st March, 2019
Provision for employee benefits - unavailed leave 672.10 528.45
[Refer Note No. 36(9)]
672.10 528.45
(ii) Current (H in Lacs)
Particulars As at As at
31st March, 2020 31st March, 2019
Provision for employee benefits [Refer Note No. 36(9)]
Unavailed leave 438.83 434.55
Gratuity 1584.12 2022.95 137.41 571.96
Other provisions
Provision for contingencies [Refer Note No. 36(2)] 0.42 0.42
2023.37 572.38

Note No. : 22 Deferred tax liabilities (net)
As at 31st March, 2020 (H in Lacs)
Particulars Opening Recognized Recognized Recognized in Closing
Balance in in equity other Balance
profit or loss comprehensive
income
Tax effect of items constituting deferred tax liabilities
Depreciation 27481.87 (5670.97) – – 21810.90
Investments 135.64 (97.56) – – 38.08
27617.51 (5768.53) – – 21848.98
Tax effect of items constituting deferred tax assets
Carried forward tax losses/unabsorbed depreciation 231.81 (192.41) – – 39.40
Expenses allowable on payment basis 337.83 (164.69) – – 173.14
VRS expenses 28.65 (28.65) – – -
MAT credit entitlement 19187.71 (237.12) 56.53 214.97 19222.09
19786.00 (622.87) 56.53 214.97 19434.63
Net deferred tax liabilities / expense 7831.51 (5145.66) (56.53) (214.97) 2414.35

Annual Report 2019-20 | 191