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Income Tax (Tables) | 12 Months Ended
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Mar. 31, 2025
Income Tax [Abstract] |
Schedule of Components of the Provision for Income Taxes | Significant components of the provision for income taxes are as follows:
|  | For the years ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Current |  | $ | 1,362,520 |  |  | $ | 723,160 |  |  | $ | 873,308 |
Deferred |  |  | (233,848 | ) |  |  | (669,869 | ) |  |  | (253,166 | )
Provision for income taxes |  | $ | 1,128,672 |  |  | $ | 53,291 |  |  | $ | 620,142 |
Schedule of (Loss) Income Before Income Tax by Jurisdiction | (Loss) Income before income tax by jurisdiction are as following:
|  | For the years ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Singapore |  | $ | 3,681,089 |  |  | $ | (325,917 | ) |  | $ | 1,642,666 |
Hong Kong |  |  | 1,424,781 |  |  |  | 258,954 |  |  |  | 1,150,297 |
Malaysia and others |  |  | 1,072,223 |  |  |  | (1,840,701 | ) |  |  | (32,151 | )
Total income (loss) before income tax |  | $ | 6,178,093 |  |  | $ | (1,907,665 | ) |  | $ | 2,760,812 |
Schedule of Reconciles Singapore Statutory Rates | The following table reconciles Singapore statutory rates to the Company’s effective tax rate:
|  | For the years ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Singapore statutory income tax rate |  |  | 17.0 | % |  |  | 17.0 | % |  |  | 17.0 | %
Change of fair value of contingent consideration |  |  | 1.5 | % |  |  | (2.5 | )% |  |  | 5.7 | %
Tax rate difference outside Singapore (1) |  |  | (4.2 | )% |  |  | (14.0 | )% |  |  | 2.4 | %
Preferential tax exemption effect |  |  | (0.2 | )% |  |  | 1.0 | % |  |  | (3.3 | )%
Change in valuation allowance |  |  | 3.2 | % |  |  | (0.1 | )% |  |  | (0.1 | )%
Others (2) |  |  | 1.0 | % |  |  | (4.2 | )% |  |  | 0.8 | %
Effective tax rate |  |  | 18.3 | % |  |  | (2.8 | )% |  |  | 22.5 | %
(1) | It is due to tax rate difference of the entities incorporated in Hong Kong, Malaysia, PRC, England, Brazil, British Virgin Island, and Cayman Island.
(2) | Others mainly consisted of gain or loss from foreign exchange transaction which is non-deductible under local tax laws.
Schedule of Movements of the Valuation Allowance | The following table sets forth the significant components of the aggregate deferred tax assets and liabilities of the Company as of:
|  | March 31, 2025 |  |  | March 31, 2024 |
Deferred Tax Assets |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 838,875 |  |  | $ | 409,891 |
Allowance for credit loss |  |  | 65,177 |  |  |  | 99,714 |
Lease liabilities |  |  | 448,276 |  |  |  | 315,935 |
Inventory write-off |  |  | 41,307 |  |  |  | 180,329 |
Less: valuation allowance |  |  | (199,508 | ) |  |  | (7,916 | )
Deferred tax assets, net |  | $ | 1,194,127 |  |  | $ | 997,953 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Right of use assets |  | $ | 468,476 |  |  | $ | 325,463 |
Amortization of intangible assets |  |  | 374,591 |  |  |  | 557,030 |
Deferred tax liabilities |  | $ | 843,067 |  |  | $ | 882,493 |
Deferred tax assets, net |  | $ | 351,060 |  |  | $ | 115,460 |
Schedule of Movements of the Valuation Allowance | The movements of the valuation allowance are as follows:
|  | March 31, 2025 |
Balance as of March 31, 2023 |  | $ | 5,874 |
Allowance made during the year |  |  | 7,916 |
Decrease due to dissolution |  |  | (5,874 | )
Balance as of March 31, 2024 |  | $ | 7,916 |
Allowance made during the year |  | $ | 195,252 |
Foreign exchange difference |  |  | (3,660 | )
Balance as of March 31, 2025 |  | $ | 199,508 |
Schedule of Movements of the Valuation Allowance | Movement in deferred tax assets (liabilities) are as following:
Balance at March 31, 2023 |  | $ | (514,675 | )
Recognized in profit or loss |  |  | 669,869 |
Recognized in goodwill |  |  | (36,973 | )
Foreign exchange differences reserve |  |  | (2,761 | )
Balance at March 31, 2024 |  |  | 115,460 |
Recognized in profit or loss |  |  | 233,848 |
Foreign exchange differences reserve |  |  | 1,752 |
Balance at March 31, 2025 |  | $ | 351,060 |
Schedule of Taxes Payable | Taxes payable consist of the following:
|  | March 31, 2025 |  |  | March 31, 2024 |
GST taxes payable |  | $ | 21,707 |  |  | $ | 64,166 |
Income taxes payable |  |  | 1,395,466 |  |  |  | 952,977 |
Totals |  | $ | 1,417,173 |  |  | $ | 1,017,143 |

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