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PARENT-ONLY FINANCIALS (Tables) | 9 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheet [Table Text Block] | SENMIAO TECHNOLOGY LIMITED UNAUDITED CONDENSED BALANCE SHEETS
|  | December 31, |  |  | March 31, |
|  | 2018 |  |  | 2018 |
|  | (unaudited) |  |  |  |
ASSETS |  |  |  |  |  |  |  |
|  |  |  |  |  |  | - |
Current Assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 5,319,126 |  |  | $ | 10,961,071 |
Prepayments, receivables and other assets |  |  | 33,651 |  |  |  | 39,964 |
Due from investors |  |  | 1,900,000 |  |  |  | - |
Escrow receivable due within one year |  |  | 600,000 |  |  |  | - |
Total Current Assets |  |  | 7,852,777 |  |  |  | 11,001,035 |
Other Assets |  |  |  |  |  |  |  |
Escrow receivable |  |  | - |  |  |  | 1,200,000 |
Deposit in intangible assets |  |  | 230,000 |  |  |  | - |
Investment in subsidiaries |  |  | 2,436,747 |  |  |  | 830,562 |
Total Assets |  | $ | 10,519,524 |  |  | $ | 13,031,597 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Total Liabilities |  | $ | 216,383 |  |  | $ | 152,927 |
Stockholders' Equity |  |  |  |  |  |  |  |
Common stock (par value $0.0001 per share, 100,000,000 shares authorized; 25,879,400 shares issued and outstanding at December 31, 2018 and March 31, 2018) |  |  | 2,588 |  |  |  | 2,588 |
Additional paid-in capital |  |  | 23,657,407 |  |  |  | 23,611,512 |
Accumulated deficit |  |  | (12,973,371 | ) |  |  | (10,481,669 | )
Accumulated other comprehensive loss |  |  | (386,524 | ) |  |  | (253,761 | )
Total Stockholders’ Equity |  |  | 10,300,100 |  |  |  | 12,878,670 |
Noncontrolling interests |  |  | 3,041 |  |  |  | - |
Total Equity |  |  | 10,303,141 |  |  |  | 12,878,670 |
Total Liabilities and Equity |  | $ | 10,519,524 |  |  | $ | 13,031,597 |
Condensed Income Statement [Table Text Block] | SENMIAO TECHNOLOGY LIMITED UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
|  | For the Nine Months Ended December 31, |
|  | 2018 |  |  | 2017 |
|  | (unaudited) |  |  | (unaudited) |
General and administrative expenses |  | $ | (887,662 | ) |  | $ | - |
Other income, net |  |  | 5,948 |  |  |  | - |
Equity of loss in subsidiaries |  |  | (1,606,947 | ) |  |  | - |
Net loss |  |  | (2,488,661 | ) |  |  | - |
Net income attributable to noncontrolling interest |  |  | (3,041 | ) |  |  | - |
Foreign currency translation adjustments |  |  | (132,723 | ) |  |  | - |
Comprehensive loss |  | $ | (2,624,425 | ) |  | $ | - |
Condensed Cash Flow Statement [Table Text Block] | SENMIAO TECHNOLOGY LIMITED CONDENSED STATEMENTS OF CASH FLOWS
|  | For the Nine Months Ended December 31, |
|  | 2018 |  |  | 2017 |
|  | (unaudited) |  |  | (unaudited) |
Cash Flows from Operating Activities |  |  |  |  |  |  |  |
Net loss |  | $ | (2,488,661 | ) |  | $ | - |
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |  |  |  |  |
Equity of loss of subsidiaries |  |  | 1,606,947 |  |  |  | - |
Changes in operating assets and liabilities: |  |  |  |  |  |  |  |
Prepayments, receivables and other assets |  |  | 6,313 |  |  |  | - |
Accrued expenses and other liabilities |  |  | 63,302 |  |  |  | - |
Cash Flows provided by Operating Activities |  |  | (812,099 | ) |  |  | - |
Cash Flows From Investing Activities: |  |  |  |  |  |  |  |
Deposits in intangible assets |  |  | (230,000 | ) |  |  |  |
Investment in subsidiaries |  |  | (3,300,000 | ) |  |  |  |
Cash Flows used in Investing Activities |  |  | (3,530,000 | ) |  |  | - |
Cash Flows From Financing Activities: |  |  |  |  |  |  |  |
Repayment of borrowing to stockholders |  |  | (1,900,000 | ) |  |  | - |
Due to stockholders |  |  | 154 |  |  |  | - |
Release of escrow receivable |  |  | 600,000 |  |  |  | - |
Cash Flows used in Financing Activities |  |  | (1,299,846 | ) |  |  | - |
Net decrease in cash and cash equivalents |  |  | (5,641,945 | ) |  |  | - |
Cash and cash equivalents, beginning of the period |  |  | 10,961,071 |  |  |  | - |
Cash and cash equivalents, end of the period |  | $ | 5,319,126 |  |  | $ | - |
Supplemental Cash Flows Information: |  |  |  |  |  |  |  |
Income tax paid |  | $ | - |  |  | $ | - |
Interest paid |  | $ | - |  |  | $ | - |
Non-cash investing and financing activities: |  |  |  |  |  |  |  |
IPO issuance costs net against additional paid-in capital |  | $ | 6,526 |  |  | $ | - |
IPO expenses paid by the Company’s stockholders |  | $ | 70,687 |  |  | $ | - |

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