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Property and Equipment
12 Months Ended
Mar. 31, 2018
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

4 — PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

      March 31, 2018     March 31, 2017  
  Leasehold improvements   $ 755,466     $ -  
  Computer and equipment     202,292       50,267  
  Motor vehicle     161,074       25,468  
  Less-Accumulated depreciation     (58,456 )     (42,911 )
  Total, net   $ 1,060,376     $ 32,824  

 

The Company made non-refundable prepayments for improvements to an office space; architectural and construction work has begun, but the improvements are not yet completed; accordingly, the asset has yet to be placed into service, and the Company has yet to record depreciation for the improvements.

 

For the years ended March 31, 2018, 2017, and 2016, depreciation expense was $18,852, $21,039, and $20,838, respectively.