The
reconciliation of income taxes computed at the PRC statutory tax rate applicable to the PRC, to income tax expenses are as follows:
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
Three
months ended | | |
Nine
months ended | |
| | |
December
31, | | |
December
31, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| PRC
statutory tax rate | |
| 25 | % | |
| 25 | % | |
| 25 | % | |
| 25 | % |
| Computed
expected benefits (expense) | |
| (1,048,994 | ) | |
| (270,651 | ) | |
| (1,289,568 | ) | |
| (616,930 | ) |
| Temporary
differences | |
| 878,917 | | |
| 36,665 | | |
| 1,088,150 | | |
| 30,420 | |
| Permanent
difference | |
| 170,316 | | |
| 30,109 | | |
| 202,470 | | |
| (16,087 | ) |
| Changes
in valuation allowance | |
| 9 | | |
| 206,993 | | |
| 30 | | |
| 607,240 | |
| Income
tax expense | |
$ | 248 | | |
$ | 3,116 | | |
| 1,082 | | |
| 4,643 | |
|