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Income Taxes (Tables) | 12 Months Ended
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Mar. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The components of the income tax expense (benefit) are as follows: Schedule of Components of Income Tax Expense (Benefit)
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | For the years ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | USD |  |  | USD |  |  |  |
Current |  |  |  |  |  |  |  |  |  |  |  |
Cayman Islands |  |  | - |  |  |  | - |  |  |  | - |
British Virgin Islands |  |  | - |  |  |  | - |  |  |  | - |
Hong Kong |  |  | 649,119 |  |  |  | 469,692 |  |  |  | 318,090 |
Current |  |  | 649,119 |  |  |  | 469,692 |  |  |  | 318,090 |
Deferred |  |  |  |  |  |  |  |  |  |  |  |
Cayman Islands |  |  | - |  |  |  | - |  |  |  | - |
British Virgin Islands |  |  | - |  |  |  | - |  |  |  | - |
Hong Kong |  |  | (183 | ) |  |  | (803 | ) |  |  | (994 | )
Deferred |  |  | (183 | ) |  |  | (803 | ) |  |  | (994 | )
Total |  |  | 648,936 |  |  |  | 468,889 |  |  |  | 317,096 |
Schedule of Deferred Tax Asset And Liability | Schedule of Deferred Tax Asset And Liability
|  | 2024 |  |  | 2023 |
|  | As of March 31, |
|  | 2024 |  |  | 2023 |
|  | USD |  |  | USD |
MSE: |  |  |  |  |  |
Provision for allowance of credit losses |  |  | 150 |  |  |  | 2,256 |
Net operating loss carryforward |  |  | 281,951 |  |  |  | 192,953 |
Total deferred tax assets |  |  | 282,101 |  |  |  | 195,209 |
Less: valuation allowance |  |  | (281,951 | ) |  |  | (192,953 | )
Deferred tax assets, net |  |  | 150 |  |  |  | 2,256 |
MSHK: |  |  |  |  |  |  |  |
Property and equipment |  |  | (9,038 | ) |  |  | (530 | )
Right-of-use assets – finance lease |  |  | (18,490 | ) |  |  | (22,218 | )
Total deferred tax liabilities – equipment and right-of-use assets – finance lease |  |  | (27,528 | ) |  |  | (22,748 | )
Deferred tax assets - provision for allowance of credit losses |  |  | 26,650 |  |  |  | 19,581 |
Deferred tax liabilities, net |  |  | (878 | ) |  |  | (3,167 | )
Deferred tax assets (liabilities), net |  |  | (728 | ) |  |  | (911 | )
Schedule of Income Tax Expense Reconciliation | Schedule of Income Tax Expense Reconciliation
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | For the years ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | USD |  |  | USD |  |  | USD |
Profit before income taxes |  |  | 2,975,533 |  |  |  | 3,256,125 |  |  |  | 2,120,605 |
Hong Kong Profits Tax rate |  |  | 16.5 | % |  |  | 16.5 | % |  |  | 16.5 | %
Income taxes computed at Hong Kong Profits Tax rate |  |  | 490,963 |  |  |  | 537,260 |  |  |  | 349,900 |
Reconciling items: |  |  |  |  |  |  |  |  |  |  |  |
Tax effect of income that is not taxable* |  |  | (25 | ) |  |  | (127,476 | ) |  |  | (12,088 | )
Tax effect of non-deductible expenditure |  |  | 90,539 |  |  |  | - |  |  |  | - |
Change in valuation allowance |  |  | 88,998 |  |  |  | 81,028 |  |  |  | 1,720 |
Effect of two-tier tax rate |  |  | (21,154 | ) |  |  | (21,154 | ) |  |  | (21,154 | )
Statutory tax deduction# |  |  | (385 | ) |  |  | (769 | ) |  |  | (1,282 | )
Income tax expense |  |  | 648,936 |  |  |  | 468,889 |  |  |  | 317,096 |
* | Income that is not taxable mainly consisted of the government subsidies which are non-taxable under Hong Kong income tax law.
# | It represents a reduction granted by the Hong Kong SAR Government of 100% of the tax payable subject to a maximum reduction of HK$3,000 (2023: HK$6,000) (2022: HK$10,000) for each business.

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