| 31st March, 2010 |
31st March, 2009 |
|||||
| Rs. | Rs. | |||||
| 5A | Contingent Liabilities : | |||||
| (a) | Guarantees given - | |||||
| i. | to excise authorities | 11,73,223 | 11,73,223 | |||
| ii. | by Banks on behalf of the Company |
70,38,54,755 | 45,96,01,210 | |||
| (excluding relating to joint venture referred to in Note 16 below) |
||||||
| (b) | Claims against the Company not acknowledged as debts : | |||||
| Rates, Taxes, Duties etc. demanded by various Authorities |
1,20,94,00,083 | 1,20,64,70,509 |
||||
| Amount demanded by Provident Fund and Employees' State Insurance Authorities which is subjudice | 86,86,000 | 1,24,00,913 | ||||
| 1,21,80,86,083 | 1,21,88,71,422 | |||||
| (c) | Rates, Taxes, Duties etc. | 8,14,89,255 | 8,91,12,673 | |||
| (d) | Amount payable in connection with reorganisation of the Company in earlier year | 3,71,22,132 | 3,79,65,159 | |||
| 5B | Capital Commitments [net of advances Rs.1,24,06,57,500 (31.03.09 - Rs.1,57,72,08,591)] | 4,35,92,60,490 | 2,33,99,29,572 | |||
| 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 | 3,33,55,01,551 | 1,31,26,88,000 | ||||
| (b) | Deferred Tax Assets | |||||
| (i) | Items allowable for tax purpose on payment | 5,09,85,000 | 5,09,85,000 | |||
| (ii) | Others | 1,33,687 | 2,27,665 | |||
| Net Deferred Tax Liability as at the year-end | 3,28,43,82,864 | 1,26,14,75,335 | ||||
| Amount charged/(credited) to Profit and Loss Account | 2,02,29,07,529 | (16,62,66,850) | ||||
