Amal Ltd 2016-17

Notes to the Financial Statements Amal Ltd | Annual Report 2016-17 (e) Movement in deferred tax balances At April 01, 2015 - (Charged) | credited: - to profit or loss - - to other comprehensive income - - Deferred tax on basis adjustment - At March 31, 2016 - (Charged) | credited: - to profit or loss - - to other comprehensive income - - Deferred tax on basis adjustment - At March 31, 2017 - ( ` 000) Note 22 Contingent liabilities, Contingent Assets and commitments 2016-17 2015-16 (a) Claims against the company not acknowledged as debts in respect of: Sales tax 6,669 5,629 Unsecured creditors 13,059 4,152 (b) Estimated amount of contracts remaining to be executed on capital accounts and not provided for (net of advances) 3,709 1,200 ( ` 000) Note 23 Payment to auditors * 2016-17 2015-16 (a) As Auditors - Audit fees 350 350 - Limited review 180 180 (b) For Taxation matters 125 125 (c) For Other services (certification) 50 20 (d) For reimbursement of out-of-pocket expenses 10 15 715 690 * excluding service tax Note 24 Related party disclosures (a) Name of the related party and nature of relationship Name of the Related Party Description of relationship 1. Atul Finserv Ltd Investing Company 2. Atul Ltd Holding Company