Shriram City Union Finance Limited - Karvy

15. Details of Deferred Tax Liability:(Rs in Lacs)Deferred Tax Liabilities Mar 31,2007 Mar 31,2006Differences due to accelerated amortization of intangibles underIncome Tax ActDifference in depreciation and other difference in block of fixed assetsas per tax books and financial books7.07 12.531657.12 1660.69Effects of lease accounting 788.47 975.18Others 530.84 521.41Gross Deferred Tax Liabilities 2983.5 3169.82Deferred Tax AssetsEffect of expenditure debited to profit and loss account in the current10.18 4.8yearBut allowed for tax purpose in following yearsGross Deferred Tax Assets 10.18 4.8Net Deferred Tax Liability 2973.32 3165.02F-115