Arohan Financial Services Limited | Annual Report 2021-22

Financials | 167 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 11: Deferred tax assets (net) (Contd.) Movement in deferred tax assets for the year ended March 31, 2022 Movement in deferred tax assets for the year ended March 31, 2021 Particulars As at 01 April 2021 Statement of profit and loss Other comprehensive income As at 31 March 2022 Deferred tax assets: Impairment loss allowance on loan assets 15,435.56 (5,217.60) - 10,217.96 Provision for employee benefits 446.16 25.61 56.66 528.43 Financial assets measured at amortised cost 3.65 380.73 - 384.38 Fair valuation of financial instruments through other comprehensive income 1.43 - (1.26) 0.17 Provision for expense allowed for tax purpose on payment basis 28.65 (1.50) - 27.15 Other adjustments 15.40 2,573.06 - 2,588.46 Total 15,930.85 (2,239.70) 55.40 13,746.55 Deferred tax liabilities: Difference in written down value as per books and as per income tax act 1.46 (28.43) - (26.97) Fair valuation of financial assets through other comprehensive income 0.01 (0.01) - - Others 32.64 (32.64) - - Total 34.11 (61.08) - (26.97) Deferred tax assets (net) 15,896.74 (2,178.62) 55.40 13,773.52 Particulars As at 01 April 2020 Statement of profit and loss Other comprehensive income As at 31 March 2021 Deferred tax assets: Impairment loss allowance on loan assets 3,659.06 11,776.50 - 15,435.56 Provision for employee benefits 378.56 25.79 41.81 446.16 Financial assets measured at amortised cost 3.56 0.09 - 3.65 Fair valuation of financial instruments through other comprehensive income 1.43 - - 1.43 Provision for expense allowed for tax purpose on payment basis 30.15 (1.50) - 28.65 Other adjustments 10.99 4.41 - 15.40 Total 4,083.75 11,805.29 41.81 15,930.85 Deferred tax liabilities: Difference in written down value as per books and as per income tax act 32.68 (31.22) - 1.46 Financial assets measured at amortised cost 320.53 - (320.52) 0.01 Gain on derecognition of financial instruments 202.90 (202.90) - - Others - 32.64 32.64 Total 556.11 (201.48) (320.52) 34.11 Deferred tax assets (net) 3,527.64 12,006.77 362.33 15,896.74