y flange in laws or interpretations of existing or Ue promdgaton of new laws, ruses and regulations applicable to our moan operatons For example the Inclan government recently adopted a new company law frairewurk which. arnong other thrigs, imposed sasficart and new corporate governance requrernents, ac

737 Less veduatOn allowance (3237.040) (1,032.737) Net deferred tax Debilities 52,014,011 18,410.576 The Company has urateorted deprepaoon for Inclan income tax ptrrcees or INN 204 880.652 as at December 31 2014 and INR 142 405,580 as at December 31 2013 whet' are available to offset futise taxabl