XML 55 R42.htm IDEA: XBRL DOCUMENT v3.22.2
Schedule of Reconciliation of Provision for Income Taxes (Details) - USD ($)
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Tax Disclosure [Abstract]    
Tax expense at federal statutory rate [1] $ 599,564 $ 32,746
Statutory depletion carryforward 14,730 35,242
Change in valuation allowance (504,911) (48,570)
U. S. tax reform, corporate rate reduction
Permanent differences (97,349) (19,418)
Other (12,034)
Total income tax
Effective income tax rate
[1] The federal statutory rate was 21% for fiscal years ending March 31, 2022 and 2021.