62 (` lakhs) Note 25.1 Contingent liabilities As at March 31, 2019 As at March 31, 2018 Claims against the Company not acknowledged as debts in respects of: i) Income tax 37.74 34.94 ii) Service tax 13.52 13.52 iii) Other 2.38 - The above matters are currently being considered by the tax authorities and the Company expects the judgement will be in its favour and has therefore, not recognised the provision in relation to these claims. Future cash outflow in respect of above will be determined only on receipt of decision pending with tax authorities. The potential undiscounted amount of total payments for taxes that the Company may be required to make if there was an adverse decision related to these disputed demands of regulators as of the date reporting period ends are as stated above. Note 25.2 Commitments Capital commitments There are no capital expenditure contracted for but not recognised in liability at the end of the reporting period. Note 25.3 (A) Related party information Name of the related party and nature of relationship No. Name of the related party Description of relationship Party where control exists 1. Atul Ltd Joint Venturer 2. I B Industrieschemie Beteiligungs GmbH Other related parties with whom transactions have taken place during the year 1. Atul Bioscience Ltd Enterprises over which significant influence exercised by Joint Venturer 2. Atul Finserve Ltd 3. Atul Foundation Trust (welfare fund) 4. Atul Infotech Private Ltd 5. Rudolf GmbH 6. Rudolf Atul Chemicals Ltd Employees Group Gratuity Assurance Scheme Post employement benefit plan of Rudolf Atul Chemicals Ltd
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