Tax Assets and Liabilities

12 Months Ended

Mar. 31, 2021

Disclosure Of Tax Assets And Liabilities [Abstract]

20)	TAX ASSETS AND LIABILITIES

Unrecognized Deferred Tax Assets

Deferred tax assets have not been recognized in respect of the following items:

	As at March 31
Particulars	2020		2021
Deductible temporary differences		39,963		37,368
Tax loss carry forwards		164,590		178,792
Total		204,553		216,160

During the year ended March 31, 2019, 2020 and 2021, the Company did not recognize deferred tax assets on tax losses, unabsorbed depreciation and other temporary differences mainly related to share based payments and employee benefits, because it is not probable that future taxable profits will be available. Further, deferred tax assets have been recognised only to the extent of deferred tax liabilities. The above tax losses excluding unabsorbed depreciation in the subsidiaries expire at various dates ranging from 2022 to 2035 except for the tax losses in the Singapore and Indonesia entity amounting to USD 3,027 which can be carried forward for an indefinite period. Unabsorbed depreciation of USD 30,609 in the Indian subsidiaries can be carried forward for an indefinite period. Other deductible temporary differences do not have any expiry date.

Recognized Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities are attributable to the following:

	As at March 31
	2020			2021			2020			2021			2020			2021
Particulars	Assets						Liabilities						Net
Intangible assets, excluding goodwill		—			—			(20,916	)		(19,410	)		(20,916	)		(19,410	)
Trade and other receivables		48			48			—			—			48			48
Convertible notes		—			—			—			(6,364	)		—			(6,364	)
Employee benefits		119			73			—			—			119			73
Other non-current liabilities		5			8			—			—			5			8
Share based payments		228			111			—			—			228			111
Tax loss carry forwards		18,739			21,670			—			—			18,739			21,670
Deferred tax assets/ (liabilities) before set off		19,139			21,910			(20,916	)		(25,774	)		(1,777	)		(3,864	)
Set off		(19,139	)		(21,910	)		19,139			21,910			—			—
Net deferred tax assets/(liabilities)		—			—			(1,777	)		(3,864	)		(1,777	)		(3,864	)

Movement in deferred tax assets/(liabilities) during the year

Particulars	Balance as at April 1, 2019			Acquired in business combination			Recognised in profit or loss			Recognised in other comprehensive income		Effects of movement in foreign exchange rates			Balance as at March 31, 2020			Recognised in profit or loss			Recognised directly in equity			Recognised in other comprehensive income		Effects of movement in foreign exchange rates			Balance as at March 31, 2021
Intangible assets, excluding goodwill		(30,002	)		(1,890	)		9,110			—		1,866			(20,916	)		1,917			—			—		(411	)		(19,410	)
Trade and other receivables		—			—			51			—		(3	)		48			(1	)		—			—		1			48
Convertible notes		—			—			—			—		—			—			282			(6,646	)		—		—			(6,364	)
Employee benefits		—			—			66			—		53			119			(48	)		—			—		2			73
Share based payments		115			—			241			—		(128	)		228			(120	)		—			—		3			111
Tax loss carry forwards		29,286			—			(9,034	)		—		(1,513	)		18,739			2,555			—			—		376			21,670
Other non-current liabilities		—			—			(56	)		—		61			5			2			—			—		1			8
Total		(601	)		(1,890	)		378			—		336			(1,777	)		4,587			(6,646	)		—		(28	)		(3,864	)