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Atul Ltd | Annual Report 2017-18
(
`
cr)
Note 29.4 (G) Outstanding balances at the year end
a) With entity over which control exercised by Key Management
Personnel
As at
March 31, 2018
As at
March 31, 2017
1 Loan Payables
6.50
–
Aagam Holdings Pvt Ltd
6.50
–
b) With entity over which control exercised
by Joint Venturer
1 Payables
0.75
1.34
Rudolf GmbH
0.75
1.34
c) With Key Management Personnel
1 Payables
0.01
0.01
Deposits of Directors
0.01
0.01
d) With entities over which Key Management Personnel or their close
family members have significant influence
1 Receivables
0.07
0.03
Atul Kelavani Mandal (Previous year:
`
35,655)
0.05
–
Atul Rural Development Fund (Current year:
`
25,564)
0.01
Atul Vidyalaya
0.02
0.02
Urmi Stree Sanstha (Current year:
`
7,199 and Previous year:
`
1,864)
2 Payables
0.03
Atul Rural Development Fund (Current year:
`
12,500)
0.03
Note 29.5 Current and Deferred tax
The major components of income tax expense for the years ended March 31, 2018 and March 31, 2017 are:
a) Income tax expense recognised in the Consolidated Statement of Profit or Loss:
(
`
cr)
Particulars
2017-18
2016-17
i)
Current tax
Current tax on profit for the year
109.04
89.22
Adjustments for current tax of prior periods
(0.88)
(2.11)
Total current tax expense
108.16
87.11
ii)
Deferred tax
(Decrease) | Increase in deferred tax liabilities
2.15
63.73
Decrease | (Increase) in deferred tax assets
20.66
(28.13)
Total deferred tax expense | (benefit)
22.81
35.60
Income tax expense
130.97
122.71
Notes
to the Consolidated Financial Statements