Amal Ltd 2018-19

Amal Ltd | Annual Report 2018-2019 Note 22 Current and deferred taxes (continued) d) Deferred tax balances The balance comprises temporary differences attributable to the below items and corresponding movement in deferred tax liabilities | (assets): ( ` 000) Particulars As at March 31, 2019 As at March 31, 2018 Deferred tax liability on account of: Property, plant and equipment 7,686 5,407 Financial liabilities at amortised cost 10,043 16,676 Total deferred tax liabilities 17,729 22,083 Deferred tax asset on account of: Provisions (98) (45) Unabsorbed depreciation - (22,038) Total deferred tax assets (98) (22,083) Net deferred tax liability 17,631 - e) Movement in deferred tax balances: ( ` 000) At March 31, 2017 Amount (Charged) | Credited: To profit or loss - To other comprehensive income - Deferred tax on basis adjustment - At March 31, 2018 - (Charged) | Credited: To profit or loss (17,631) To other comprehensive income - Deferred tax on basis adjustment - At March 31, 2019 (17,631) Notes to the Financial Statements