Page 200 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements
NOTE 7 - DEFERRED TAX ASSETS / (LIABILITIES)
Significant components of deferred tax assets and liabilities
Deferred tax assets:
Employee benefits
Others 2
Recognized in
the statement of profit or loss
MAT Credit entitlement
Recognized in/ reclassified from other comprehensive income
(H in Lakhs) Closing
balance as on March 31, 2020
367 44
12,689
523 88 656
78 299
14,745
127 111 55 -
55
-
313
661
14,084
(H in Lakhs) As at
March 31, 2019
18,808 105 412 19,325
Revenue recognition (at a point in time in the books of accounts as against over time for the purpose of calculation of income tax)
FVTPL of financial liabilities
Property, plant and equipment and intagiable assets
Brought forward loss and unabsorbed depreciation
Effect on borrowing cost pursuant to application of effective interest rate method
MAT credit entitlement
Total deferred tax assets
Deferred tax liabilities:
Property, plant and equipment and intagiable assets Financial liabilities (borrowings) at amortised cost FVTPL of financial instruments
Undistributed earnings
Modification in terms/ Fair Valuation of Optionally Convertible Debentures
Revenue recognition (at a point in time in the books of accounts as against over time for the purpose of calculation of income tax)
15,156 (2,467) -
1,378 (855) - 11 77 - 1,179 (523) -
78 - 475 - (177)
18,674 (3,751) (177)
247 (120) - 133 (22) - 63 (8) - 125 (125) -
-55
81 Others 486
(81) -
(173) -
(474) -
(3,276) (177)
Total deferred tax liabilities
Net deferred tax assets/(liabilities)
NOTE 8 - OTHER NON-CURRENT ASSETS
Particulars
(Unsecured, considered good)
1,135
17,540
(a) Advance / Security given for real estate development and suppliers
(b) Prepaid expenses
(c) Advances to related parties (Refer note 44)
Total
As at March 31, 2020
17,313 50 429 17,792
198 | Kolte-Patil Developers Limited
As at April 01, 2019
473
(103) - 42 -
(3) -
-
- - -
-
(3)
- - - -
-
-
-
(3)