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Income Taxes
9 Months Ended 12 Months Ended
Dec. 31, 2013
Mar. 31, 2013
Income Taxes [Abstract]    
Income Taxes
Note 4 -      Income Taxes
 
As of December 31, 2013, the Company has net operating loss carryforwards of approximately $104,000 to reduce future federal and state taxable income through 2033.
 
The Company currently has no federal or state tax examinations in progress nor has it had any federal or state examinations since its inception. All of the Company’s tax years are subject to federal and state tax examination.
 
 
The benefit from income taxes consists of the following:
 
  
For The Nine
Months Ended
December 31,
2013
  
For The Nine
Months Ended
December 31,
2012
  
Cumulative
From
January 18,
2011 (Inception)
to December 31,
2013
 
Current Expense:
         
  Federal and State
 
$
-
  
$
-
  
$
-
 
Deferred tax benefit:
            
  Federal and State
  
9,000
   
9,000
   
35,000
 
  Valuation allowance
  
(9,000
)
  
(9,000
)
  
(35,000
)
Total
 
$
-
  
$
-
  
$
-
 
 
The income tax benefit differs from the amount computed by applying the federal statutory income tax rate to the loss before income taxes due to the following:
 
  
 
For The Nine
Months Ended
December 31,
2013
  
 
For The Nine
Months Ended
December 31,
2012
  
Cumulative
From
January 18,
2011 (Inception)
to December 31,
2013
 
Statutory federal income tax rate
  
(34
)%
  
(34
)%
  
(34
)%
Valuation allowance
  
34
%
  
34
%
  
34
%
Effective income tax rate
  
0
%
  
0
%
  
0
%
Note 4 -          Income Taxes
 
As of March 31, 2013, the Company has net operating loss carryforwards of approximately $76,000 to reduce future federal and state taxable income through 2033.
 
The Company currently has no federal or state tax examinations in progress nor has it had any federal or state examinations since its inception. All of the Company’s tax years are subject to federal and state tax examination.
 
The benefit from income taxes consists of the following:
 
  
For The Year
Ended
March 31,
2013
  
For The Year
Ended
March 31,
2012
  
Cumulative
From
January 18,
2011
(Inception) to
March 31,
2013
 
Current Expense:
         
  Federal and State
 
$
-
  
$
-
  
$
-
 
Deferred tax benefit:
            
  Federal and State
  
13,000
   
10,000
   
26,000
 
  Valuation allowance
  
(13,000
)
  
(10,000
)
  
(26,000
)
Total
 
$
-
  
$
-
  
$
-

 
 
The income tax benefit differs from the amount computed by applying the federal statutory income tax rate to the loss before income taxes due to the following:
 
  
For The Year
Ended
March 31,
2013
  
For The Year
Ended
March 31,
2012
  
Cumulative
From
January 18,
2011
(Inception) to
March 31,
2013
 
Statutory federal income tax rate
  
(34
)%
  
(34
)%
  
(34
)%
Valuation allowance
  
34
%
  
34
%
  
34
%
Effective income tax rate
  
0
%
  
0
%
  
0
%