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Income Taxes (Tables) | 12 Months Ended
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Mar. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of income (loss) before income taxes |
|  | Year ended March 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | $ |  |  | $ |  |  | $ |
Hong Kong |  |  | 673 |  |  |  | (233 | ) |  |  | 100 |
China |  |  | 229 |  |  |  | (458 | ) |  |  | 354 |
Myanmar |  |  | (6 | ) |  |  | 91 |  |  |  | 114 |
|  |  | 896 |  |  |  | (600 | ) |  |  | 568 |
Schedule of income tax (credit) expense |
|  | Year ended March 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | $ |  |  | $ |  |  | $ |
Current tax: |  |  |  |  |  |  |  |  |
Hong Kong |  |  |  |  |  |  |  |  |
Current tax |  |  | 11 |  |  |  | 5 |  |  |  | - |
(Over)/under provision in prior year |  |  | - |  |  |  | 7 |  |  |  | (5 | )
China |  |  |  |  |  |  |  |  |  |  |  |
Current tax |  |  | - |  |  |  | - |  |  |  | - |
(Over)/under provision in prior year |  |  | - |  |  |  | - |  |  |  | - |
Myanmar |  |  |  |  |  |  |  |  |  |  |  |
Current tax |  |  | - |  |  |  | - |  |  |  | - |
Deferred tax |  |  | 198 |  |  |  | (158 | ) |  |  | 106 |
Total |  |  | 209 |  |  |  | (146 | ) |  |  | 101 |
Schedule of effective income tax rate reconciliation |
|  | Year ended March 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | % |  |  | % |  |  | % |
Profits tax rate in Hong Kong |  |  | 16.5 |  |  |  | 16.5 |  |  |  | 16.5 |
Non-deductible items/non-taxable income |  |  | 26.9 |  |  |  | 25.5 |  |  |  | 30.8 |
Changes in valuation allowances |  |  | 1.1 |  |  |  | (18.4 | ) |  |  | (1.9 | )
Overprovision of profits tax in prior year |  |  | - |  |  |  | (1.1 | ) |  |  | (0.9 | )
Effect of different tax rate of subsidiaries operating in other jurisdictions |  |  | 1.8 |  |  |  | 5.7 |  |  |  | 6.3 |
Tax effect of tax losses not recognized |  |  | 0.1 |  |  |  | 2.0 |  |  |  | (4.4 | )
Tax effect of changes in tax rate |  |  | - |  |  |  | - |  |  |  | (3.7 | )
Utilization of tax losses previously not recognized |  |  | (11.6 | ) |  |  | (6.8 | ) |  |  | (3.7 | )
Others |  |  | (11.5 | ) |  |  | 0.9 |  |  |  | (21.2 | )
Effective tax rate |  |  | 23.3 |  |  |  | 24.3 |  |  |  | 17.8 |
Schedule of deferred income tax liabilities (assets) |
|  | As of March 31, |
|  | 2021 |  |  | 2022 |
|  | $ |  |  | $ |
Deferred tax liabilities: |  |  |  |  |  |
Deferred severance payment |  |  | 392 |  |  |  | - |
Property, plant and equipment |  |  | 5 |  |  |  | 4 |
Operating lease right-of-use assets |  |  | 632 |  |  |  | 389 |
Total deferred tax liabilities |  |  | 1,029 |  |  |  | 393 |
Deferred tax assets: |  |  |  |  |  |  |  |
Lease liabilities |  |  | (421 | ) |  |  | (256 | )
Tax loss carry forwards |  |  | (520 | ) |  |  | (491 | )
Deferred deductible expenses |  |  | (74 | ) |  |  | - |
Valuation allowance |  |  | 593 |  |  |  | 494 |
Total deferred tax assets |  |  | (422 | ) |  |  | (253 | )
Net deferred tax liabilities |  |  | 607 |  |  |  | 140 |
Schedule of valuation allowance |
|  | Year ended March 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | $ |  |  | $ |  |  | $ |
At the beginning of the year |  |  | 668 |  |  |  | 552 |  |  |  | 593 |
Current year (reduction) addition |  |  | (116 | ) |  |  | 41 |  |  |  | (99 | )
At the end of the year |  |  | 552 |  |  |  | 593 |  |  |  | 494 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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