Gillette_India_Limited_AR_20

Annual Report 2019-20 96 Notes to Financial Statements for the year ended June 30, 2020 Gillette India Limited 6 Deferred tax assets (Net) As at June 30, 2020 ` in lakhs As at June 30, 2019 ` in lakhs Deferred tax assets 2 688 3 873 Deferred tax liabilities (384) (656) 2 304 3 217 Deferred tax assets / (liabilities) in relation to: 2019-2020 Opening Balance ` in lakhs Recognised in profit or loss ` in lakhs Recognised in other comprehensive income ` in lakhs Closing Balance ` in lakhs Property plant and equipment (656) 272 — (384) Voluntary retirement scheme 657 (288) — 369 Allowance for doubtful debts 141 (41) — 100 Disallowance u/s 43 B of the Income Tax Act, 1961 2 123 (625) 40 1 538 Other temporary differences 952 (271) — 681 3 217 (953) 40 2 304 2018-2019 Opening Balance ` in lakhs Recognised in profit or loss ` in lakhs Recognised in other comprehensive income ` in lakhs Closing Balance ` in lakhs Property plant and equipment (477) (179) — (656) Voluntary retirement scheme 376 281 — 657 Provision for doubtful debts 90 51 — 141 Disallowance u/s 43 B of the Income Tax Act, 1961 699 1 146 278 2 123 Other temporary differences 952 — — 952 1 640 1 299 278 3 217 7 Other assets As at June 30, 2020 ` in lakhs As at June 30, 2019 ` in lakhs Non-current Prepaid expenses — 715 Other loans and advances (refer note (b) below) 1 391 1 340 Capital advances 204 — Balances with government authorities 5 510 6 934 7 105 8 989