12.

Trade and other receivables

Trade and other receivables comprise:

	March 31, 2018		March 31, 2017
(i) Trade receivables, net		8,820,579		6,950,563
(ii) Other receivables including deposits		1,890,372		1,820,501
(iii) Construction contract related accruals		2,935		10,628
		10,713,886		8,781,692

(i)

Trade receivables as of March 31, 2018 and March 31, 2017 are stated net of allowance for doubtful receivables. The Group maintains an allowance for doubtful receivables based on expected credit loss model. Trade receivables are not collateralized except to the extent of refundable deposits received from cybercafé franchisees and from cable television operators. The Group’s exposure to credit and currency risks and impairment losses related to trade and other receivables, excluding construction work in progress is disclosed in note 36. Trade receivables consist of:

	March 31, 2018		March 31, 2017
Trade receivables from related parties		-		-
Other trade receivables		9,029,796		7,184,753
		9,029,796		7,184,753
Less: Allowance for doubtful receivables		(209,217)		(234,190)
Balance at the end of the year		8,820,579		6,950,563

The activity in the allowance for doubtful accounts receivable is given below:

	For the year ended
	March 31, 2018		March 31, 2017
Balance at the beginning of the year		234,190		209,065
Add : Additional provision, net		370,000		383,534
Less : Bad debts written off		(394,973)		(358,409)
Balance at the end of the year		209,217		234,190

(ii)

Other receivables comprises of the following items:

	March 31, 2018		March 31, 2017
Advances and other deposits (Refer Note (a) below)		544,171		540,233
Withholding taxes (Refer Note (b) below)		1,346,201		1,280,268
		1,890,372		1,820,501
Financial assets included in other receivables		48,141		101,098

Notes:

Advances and other deposits primarily comprises of receivables in the form of deposits, sales tax/VAT, GST, service tax and other advances given in the ordinary course of business.

Includes withholding taxes recoverable from the Department of Income-tax for which the Company has filed tax returns for refund. The Company expects to realize such refund of withholding taxes within the next 12 months.