Atul Ltd 2020-21

181 Statutory Report 22 - 87 Financial Statements 88 - 229 Corporate Overview 01 - 21 in relevant notes together with information about the basis of calculation for each affected line item in the Consolidated Financial Statements. The areas involving critical estimates or judgements are: i) Estimation for income tax: Note 1 (f) ii) Estimation of useful life of tangible assets: Note 1 (j) iii) Estimated goodwill impairment: Note 1 (k) iv) Estimation of provision for inventories: Note 1 (r) v) Allowance for credit losses on trade receivable: Note 1 (p) vi) Estimation of claims | liabilities: Note 1 (z) vii) Estimation of defined benefit obligation: Note 1 (aa) viii) Consolidation decisions and classification of joint arrangements: Note 1 (b) and Note 29.15 ix) Impairment: Note 1 (n)