Atul Ltd 2020-21

204 Atul Ltd | Annual Report 2020-21 Note 29.5 Current and deferred tax (continued) The balance comprises temporary differences attributable to the below items and corresponding movement in deferred tax liabilities | (assets): ( ` cr) Particulars As at March 31, 2021 Charged | (Credited) to As at March 31, 2020 Charged | (Credited) to As at March 31, 2019 profit or loss OCI | equity profit or loss 1 OCI | equity Property, plant and equipment 100.01 (0.61) - 100.62 (46.49) - 147.11 Fair value equity investments (net ) 24.92 - 9.68 15.24 - 4.24 11.00 Undistributed profit of subsidiary companies 29.65 10.72 - 18.93 8.12 - 10.81 Foreign currency translation reserves 3.86 - 0.46 3.40 - 3.40 - Unrealised gain on mtutal fund 4.58 4.19 - 0.39 0.07 - 0.32 Effective portion of gain | (loss) on cash flow hedges 0.17 - 0.15 0.02 - (0.41) 0.43 Provision for leave encashment (8.49) (1.05) - (7.44) 1.75 - (9.19) Provision for doubtful debts (3.07) (0.44) - (2.63) 0.03 - (2.66) Regulatory and other charges (6.34) 0.38 - (6.72) 2.07 - (8.79) Investment properties (7.01) (0.31) - (6.70) (0.22) - (6.48) Elimination of profits resulting from intragroup transactions (2.42) 1.62 - (4.04) (2.15) - (1.89) MAT credit entitlement (0.27) (0.05) - (0.22) (0.08) - (0.14) Others (2.71) 0.30 - (3.01) (1.45) - (1.56) Net deferred tax (assets) | liabilities 132.88 14.75 10.29 107.84 (38.35) 7.23 138.95 ¹Inculdes ` 32.90 cr impact of tax rate changes Note 29.6 Employee benefit obligations Funded schemes a) Defined benefit plans Gratuity ( ` cr) Particulars Present value of obligation Fair value of plan assets Net amount As at March 31, 2019 48.39 (48.30) 0.09 Current service cost 2.81 - 2.81 Interest expense | (income) 3.49 (3.48) 0.01 Total amount recognised in the Consolidated Statement of Profit and Loss 6.30 (3.48) 2.82 Remeasurement Return on plan assets, excluding amount included in interest expense | (income) - 0.51 0.51 (Gain) from change in demographic assumptions (0.26) - (0.26)