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191
annual
report
20
16-17
kajaria
ceramics
corporate
overview
management
reports
Financial
statements
(
`
in crores)
Non-Current
Current
31 March 2017
31 March 2016 1 April 2015
31 March 2017
31 March 2016 1 April 2015
a. Provision for employee
benefits
Provision for gratuity
10.31
9.57
10.26
0.67
0.67
-
Provision for compensated
absences
-
-
-
9.58
8.18
7.42
(Refer note 45 for Ind AS
19 disclosures)
10.31
9.57
10.26
10.25
8.85
7.42
b. Current tax liabilities
(net)
Provision for Tax (Net of
advance tax & TDS)
(Advance tax and TDS-
31 March 2017: 120.62
crores, 31 March 2016:
100.59 crores, 1 April
2015: 75.56 crores)
-
-
-
10.20
12.70
4.83
Total
-
-
-
10.20
12.70
4.83
16. Provisions
(
`
in crores)
31 March 2017
31 March 2016
Current income tax:
Current income tax charge
126.34
111.35
Adjustments in respect of current income tax of previous year
0.07
(0.13)
Deferred tax:
Relating to origination and reversal of temporary differences
16.08
13.49
Income tax expense reported in the statement of Profit & loss
142.49
124.71
The major components of income tax expense for the year ended 31 March 2017 and 31 March 2016 are:
A. Statement of profit and loss:
(i) Profit & loss section
17. Income Taxes
(
`
in crores)
31 March 2017
31 March 2016
Deferred tax related to items recognised in OCI during the year:
Net loss/(gain) on remeasurements of defined benefit plans
0.38
0.36
Income tax charged to OCI
0.38
0.36
(ii) OCI Section
Notes on the consolidated financial statements
for the year ended 31 March 2017