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Income taxes (Tables)
12 Months Ended
Mar. 31, 2020
Income taxes  
Schedule of loss before income taxes

 

 

 

 

 

 

 

 

 

March 31, 

 

  

2018

  

2019

  

2020

Domestic

 

(1,481,129)

 

1,448,942

 

(316,792)

Foreign operations

 

(2,513,960)

 

(2,594,700)

 

(453,598)

Total

 

(3,995,089)

 

(1,145,758)

 

(770,390)

 

Summary of components of income tax expense

 

 

 

 

 

 

 

 

 

March 31, 

 

  

2018

  

2019

  

2020

Current Period

 

74,583

 

75,347

 

46,924

Current income tax expenses

 

74,583

 

75,347

 

46,924

Origination and reversal of temporary differences

 

(17,696)

 

(10,865)

 

22,881

Current year losses for which deferred tax is recognised

 

 —

 

(16,645)

 

 —

Deferred tax (benefit)/ expense

 

(17,696)

 

(27,510)

 

22,881

Total income tax expenses as reported in statement of profit or loss

 

56,887

 

47,837

 

69,805

 

Reconciliation of tax expense and accounting profit multiplied by tax rate

 

 

 

 

 

 

 

 

 

March 31, 

 

  

2018

  

2019

  

2020

Loss for the year

 

(4,051,976)

 

(1,193,595)

 

(840,195)

Income tax expense/(reversal)

 

56,887

 

47,837

 

69,805

Loss before income taxes

 

(3,995,089)

 

(1,145,758)

 

(770,390)

Expected tax expense at statutory income tax rate

 

(769,353)

 

(631,000)

 

(37,172)

Non-deductible expenses

 

107,541

 

(32,884)

 

(118,005)

Utilization of previously unrecognised tax losses

 

(5,342)

 

(10,463)

 

 —

Recognition of previously unrecognised tax losses

 

 —

 

 —

 

17,696

Current year losses for which no deferred tax asset was recognized

 

887,997

 

638,730

 

167,129

Change in unrecognised temporary differences

 

(177,244)

 

82,109

 

27,000

Effect of change in tax rate

 

12,462

 

1,949

 

10,339

Others

 

827

 

(604)

 

2,818

 

 

56,887

 

47,837

 

69,805