Amal Ltd | Annual Report 2024-25 Amal Ltd 122 Note 27.3 Related party disclosures (continued) Note 27.3 (F) Terms and conditions 1. Sales to and purchases from related parties were made on normal commercial terms and conditions and at prevailing market prices or where market price is not available, at cost plus margin. 2. Transactions relating to dividends were on the same terms and conditions that applied to other shareholders. 3. All outstanding balances are unsecured and are repayable in cash and cash equivalent. Note 27.4 Current and deferred tax The major components of income tax expense for the years ended March 31, 2025 and March 31, 2024, are: a) Income tax expense recognised in the Standalone Statement of Profit and Loss: (` lakh) Particulars 2024-25 2023-24 i) Current tax Current tax on profit for the year 255.71 100.20 Adjustments for current tax of prior periods (0.68) (1.67) Total current tax expense 255.03 98.53 ii) Deferred tax (Decrease) | Increase in deferred tax liabilities (7.90) 3.64 Decrease | (Increase) in deferred tax assets 2.41 0.38 Total deferred tax expense | (benefit) (5.49) 4.02 Income tax expense 249.54 102.55 b) Income tax expense recognised in the other comprehensive income: (` lakh) Particulars 2024-25 2023-24 i) Current tax Remeasurement gain | (loss) on defined benefit plans (0.30) (0.16) Total current tax expense (0.30) (0.16) ii) Deferred tax Total deferred tax expense | (benefit) - - Income tax expense (0.30) (0.16)
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