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35_Contingent_liabilities

35 Contingent liabilities

( In Crore)

Particulars

As at 31 March

2022

2021

a.

Claims against the Company not acknowledged as debts

201.45

205.25

b.

Excise, Service tax and Customs matters under dispute

340.72

363.38

c.

Income tax matters

899.21

872.34

d.

Value Added Tax (VAT)/Sales Tax matters under dispute

142.00

123.31

e.

Claims made by temporary workmen Pending before various judicial/appellate authorities in respect of similar matters adjudicated by the Supreme Court. The matter is contingent on the facts and evidence presented before the courts/adjudicating authorities and not necessarily likely to be influenced by the Supreme Court's order

Liability unascertained

Liability unascertained

In all the cases mentioned above, outflow is not probable and hence not provided by the Company.