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Notes to Consolidated Financial Statements for the year ended 31st March, 2024 (Amount in Rs. Lac, unless stated otherwise)
3.2 a Intangible Asset under Development Ageing Schedule
As at 31 March 2023
Projects in progress (Refer Note 1 below) Projects temporarily suspended
Total
74.85 69.39 -
- - -
- - -
- 144.24
- -
- 144.24
Particulars
Amount in Intangible under Development for a period of
Total
Less than 1 year
1-2 years
2-3 years
More than 3 years
Note-1 : Intangible assets under development for FY22-23 consists of SAP software under development and patents & trademark which has been capitalised in FY23-24. There are no intangible assets under development as on March 31, 2024.
3.3 Right of use assets:
Cost
At April 1, 2023
Additions
Disposals
At March 31, 2024
Accumulated Amortisation
At April 1, 2023
Amortisation charge for the year
At March 31, 2024 Net book value At March 31, 2024 At March 31, 2023
82.14
-
-
82.14
8.21
8.21
16.42
65.71
73.92
-
318.81
-
318.81
-
45.54
45.54
273.27
-
82.14
318.81
-
400.95
8.21
53.75
61.97
338.98
73.92
Particulars
Building -HO
Building -RO
Total
Note-1 : Intangible assets under development for FY22-23 consists patents & trademark which has been capitalised in FY23-24. There are on March 31, 2024.
4 Investment in joint ventures
Unquoted (carried at cost)
In capital of Limited Liability Partnership firms (joint ventures)
Arvind Bsafal Homes LLP
Aggregate value of unquoted investments.
Note : (i) Aggregate value of impairment of Investment is Nil. (March 23- Rs.Nil)
of SAP software under development and no intangible assets under development as
Particulars
Non current portion
Current portion
March 31, 2024
March 31, 2023
March 31, 2024
March 31, 2023
-
-
-
-
8.33
8.33
24.62
24.62
242 | Arvind SmartSpaces Limited