XML 442 R32.htm IDEA: XBRL DOCUMENT

Deferred Tax

12 Months Ended

Mar. 31, 2023

25. Deferred Tax

Unrecognised Deferred Tax Assets

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

	As at March 31,
Particulars	2022		2023
Deductible temporary differences		364,322		320,667
Tax loss carry forward and unabsorbed depreciation		3,065,233		2,584,488
Total		3,429,555		2,905,155

In the Group, there are few subsidiaries for which no deferred tax assets have been recognised on deductible temporary differences of INR 1,240,552 (March 31, 2022: 1,218,983) and tax losses of INR 7,613,049 (March 31, 2022: 7,836,815) and unabsorbed depreciation of INR 2,335,601 (March 31, 2022: 2,344,538), as it is not probable that taxable profit will be available in near future against which these can be utilized. Tax losses are available as an offset against future taxable profit expiring at various dates through 2031 and unabsorbed depreciation is available indefinitely for offsetting against future taxable profits.

Recognised Deferred Tax Assets and Liabilities

	For the Year Ended March 31,
	2022			2023
Deferred tax assets are attributable to the following -
Property, plant and equipment, intangible assets, and ROU assets		3,596			3,248
Trade and other receivables		2,281			4,046
Employee benefits		3,009			2,118
Unutilised business losses		42			294
Provision for expenses		25			142
Deferred tax asset		8,953			9,848
OCI gratuity		1,043			1,238
Total deferred tax asset (A)		9,996			11,086
Deferred tax liabilities are attributable to the following -
Property, plant and equipment, intangible assets, and ROU assets		(11,513	)		(7,150	)
Total deferred tax liability (B)		(11,513	)		(7,150	)

Net deferred tax asset/(liability) (A-B)		(1,517	)		3,936

Particulars	Balance as on March, 31 2021			Recognised in profit or loss			Recognised in other comprehensive income			Balance as on March, 31 2022
Property, plant and equipment, intangible assets, and ROU assets		(8,778	)		816			-			(7,917	)
Trade and other receivables		4,656			(2,375	)		-			2,281
Employee benefit		2,531			478			-			3,009
Provision for expenses		1,459			(1,434	)		-			25
OCI gratuity		1,117			-			(74	)		1,043
Loss available for offsetting against future taxable income		-			42			-			42
Deferred tax assets		985			(2,428	)		(74	)		(1,517	)

Particulars	Balance as on March, 31 2022			Recognised in profit or loss			Recognised in other comprehensive income		Balance as on March, 31 2023
Property, plant and equipment, intangible assets, and ROU assets		(7,917	)		4,016			-		(3,902	)
Trade and other receivables		2,281			1,765			-		4,046
Employee benefit		3,009			(891	)		-		2,118
Provision for expenses		25			117			-		142
OCI gratuity		1,043			-			195		1,238
Loss available for offsetting against future taxable income		42			252			-		294
Deferred tax assets		(1,517	)		5,258			195		3,936

Yatra Online, Inc.

Notes to the consolidated financial statements

(Amount in INR thousands, except per share data and number of shares)