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INCOME TAX (Tables)

12 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

SCHEDULE OF CURRENT AND DEFERRED INCOME TAX EXPENSE

The following table sets forth current and deferred portion of income tax expenses:

 SCHEDULE OF CURRENT AND DEFERRED INCOME TAX EXPENSE

		2023				2024
		Year ended March 31,
		2023				2024				2025
		USD				USD				USD
Current income tax expenses			132,634				178,029				24,109
Deferred income tax expense (recovery)			87,010				68,580				(143,400	)
Income tax expense (recovery)			219,644				246,609				(119,291	)

SCHEDULE OF RECONCILIATION OF INCOME TAXES

Reconciliation between the income tax expenses computed by applying the Hong Kong enterprise tax rate to income before income taxes and actual provision were as follows:

 SCHEDULE OF RECONCILIATION OF INCOME TAXES

		2023				2024
		Year ended March 31,
		2023				2024				2025
		USD				USD				USD
(Loss) before income tax - Cayman Island and BVI entities			-				(2,805)				(6,293,726)
Income (loss) before income tax - Hong Kong entity			1,386,904				1,340,699				(806,633)
Tax expenses at the Cayman Islands statutory income tax rate			-				-				-
Tax effect of rate differences in various jurisdictions			228,839				220,752				(133,095	)
Tax effect of provision for expected credit loss			32,895				(3,716	)			114,945
Tax effect of depreciation allowance			(107,177	)			(61,541	)			34,595
Tax effect of non-deductible expenditure			-				44,073				29,009
Tax effect of taxable temporary difference			87,010				68,580				(143,400	)
Tax reduction allowed by Hong Kong government			(21,923	)			(21,539	)			(21,345	)
Income tax expense (recovery)			219,644				246,609				(119,291	)

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

The significant components of the Company’s deferred tax assets and liabilities are as follows:

 SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

		2023				2024
		As of March 31,
		2024				2025
		USD				USD
Deferred tax assets:
Provision of credit loss			33,951				148,897
Total deferred tax assets			33,951				148,897
Deferred tax liabilities:
Property, plant and equipment			(30,383	)			(10,106	)
Right-of-use assets – finance lease			(414,742	)			(406,565	)
Total deferred tax liabilities			(445,125	)			(416,671	)
Net deferred tax liabilities			(411,174	)			(267,774	)

 

		2023				2024
		As of March 31,
		2024				2025
		USD				USD
Deferred tax assets			33,951				148,897
Deferred tax liabilities			(445,125	)			(416,671	)
Deferred tax liabilities, net			(411,174	)			(267,774	)

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- References

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

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-Section 50
-Paragraph 12
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