MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

342 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 d) Amounts on which deferred tax asset has not been created and related expiry period Deferred tax assets have not been recognised in respect of following items, because it is not probable that future taxable profit will be available against which the Group can use the benefit therefrom. Rupees crores Particulars 2023 2022 Deductible Temporary differences (no expiry date)......................................................................................................................................... 594.09 895.84 Unused tax losses (revenue in nature)..................................................................................................................................................................... 4,499.28 6,922.80 Unused tax losses (capital in nature)......................................................................................................................................................................... 3,173.04 2.72 Unused tax credits................................................................................................................................................................................................................... — 15.08 Total .................................................................................................................................................................................................................................................. 8,266.41 7,836.44 e) Unused Tax losses — Revenue in nature Rupees crores Particulars 2023 2022 Expiry period Up to Five Years........................................................................................................................................................................................................................ 683.36 735.69 More than Five Years............................................................................................................................................................................................................. 580.76 496.49 No Expiry Date........................................................................................................................................................................................................................... 3,235.16 5,690.62 Total .................................................................................................................................................................................................................................................. 4,499.28 6,922.80 f) Unused Tax losses — Capital in nature Rupees crores Particulars 2023 2022 Expiry period Up to five years......................................................................................................................................................................................................................... 14.52 2.72 More than Five Years............................................................................................................................................................................................................. 3,158.52 — Total .................................................................................................................................................................................................................................................. 3,173.04 2.72 g) Unused tax credits Rupees crores Particulars 2023 2022 Expiry period More than five years.............................................................................................................................................................................................................. — 15.08 Total .................................................................................................................................................................................................................................................. — 15.08 13. Current Tax and Deferred Tax (contd.)