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2. PROPERTY AND EQUIPMENT | 12 Months Ended
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Mar. 31, 2020
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | 2. PROPERTY AND EQUIPMENT, NET Property and equipment, net, consist of the following:
|  | March 31, 2020 |  |  | March 31, 2019 |
Furniture and office equipment, at cost |  | $ | 526,029 |  |  | $ | 374,364 |
Accumulated depreciation |  |  | (385,545 | ) |  |  | (368,343 | )
|  | $ | 140,484 |  |  | $ | 6,021 |
Depreciation expense for the fiscal years ended March 31, 2020 and 2019 was $17,202 and $21,531, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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