Arohan Financial Services Limited | Annual Report 2021-22

166 | Annual Report | 2021-2022 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March, 2022 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 9: Other financial assets As at 31 March 2022 As at 31 March 2021 Unsecured, considered good Security deposits 249.29 268.29 Receivable on assigned loans 8.26 449.35 Insurance receivables 105.43 125.57 Unbilled receivables 40.31 39.00 Others 220.36 169.25 623.65 1,051.46 Less: Impairment allowance on insurance receivables (76.51) - Total 547.14 1,051.46 Note 10: Current tax assets (net) As at 31 March 2022 As at 31 March 2021 Advance tax and TDS (net of provisions) 4,820.31 635.96 Total 4,820.31 635.96 Note 11: Deferred tax assets (net) As at 31 March 2022 As at 31 March 2021 Deferred tax asset: Impairment loss allowance on loan assets 10,217.96 15,435.56 Provision for employee benefits 528.43 446.16 Financial assets measured at amortised cost 384.38 3.65 Fair valuation of financial instruments through other comprehensive income 0.17 1.43 Provision for expense allowed for tax purpose on payment basis 27.15 28.65 Other adjustments 2,588.46 15.40 13,746.55 15,930.85 Deferred tax liabilities: Difference in written down value as per books and as per income tax act (26.97) 1.46 Fair valuation of financial assets through other comprehensive income - 0.01 Others - 32.64 (26.97) 34.11 Net deferred tax asset 13,773.52 15,896.74