Atul Ltd 2017-18

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