| 31st March, 2009 |
31st March, 2008 |
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| Rs. | Rs. | ||||
| 5.A. | Contingent Liabilities | ||||
| a. | Guarantees given — | ||||
| i. | to excise authorities | 11,73,223 | 11,73,223 | ||
| ii. | by Banks on behalf of the Company | 45,96,01,210 | 41,03,07,653 | ||
| b. | Claims against the Company not acknowledged as debts : | 1,20,64,70,509 1,24,00,913 |
69,91,01,698 1,24,00,913 |
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| Rates, Taxes, Duties etc. demanded by various Authorities |
|||||
| Amount demanded by Provident Fund and Employees' State Insurance Authorities which is subjudice |
|||||
| 1,21,88,71,422 | 71,15,02,611 | ||||
| c. | Rates, Taxes, Duties etc. | 8,91,12,673 | 7,30,00,000 | ||
| d. | Amount payable in connection with reorganisation of the Company in earlier year |
3,79,65,159 | 3,88,67,739 | ||
| 5.B. | Capital Commitments [net of advances Rs.1,57,72,08,591 (31.03.08 — Rs.1,28,22,00,155)] |
2,33,99,29,572 | 4,76,38,88,322 | ||
| 6. | The major components of the deferred tax assets and
liabilities accounted for during the year in the manner indicated in Note 1(k) above are as below : |
||||
| Tax effect of timing differences | |||||
| a. | Deferred Tax Liabilities | ||||
| Difference between written down value of block of assets as per Income tax laws and book written down value of the fixed assets |
1,31,26,88,000 | 1,45,17,42,979 | |||
| b. | Deferred Tax Assets | ||||
| i. | Items allowable for tax purpose on payment | 5,09,85,000 | 2,39,04,462 | ||
| ii. | Others | 2,27,665 | 96,332 | ||
| Net Deferred Tax Liability as at the year-end | 1,26,14,75,335 | 1,42,77,42,185 | |||
| Amount adjusted against Securities Premium [2008-after adjustment of Rs. 79,44,535 arising at the commencement of the year on adoption of AS 15 on 'Employee Benefits'] |
- | 26,75,89,208 | |||
| Amount charged / credited to Profit and Loss Account | (16,62,66,850) | 2,81,15,563 | |||
| (16,62,66,850) | 29,57,04,771 | ||||
