v3.26.1
Provision For Income Tax (Tables)
 12 Months Ended
Mar. 31, 2026
Provision For Income Tax [Abstract]  
Schedule of Current and Deferred Portions of Income Tax Expense

The current and deferred portions of the income tax expense included in the consolidated statements of operations and comprehensive (loss) income as determined in accordance with ASC 740 are as follows:

 

    For the year ended
March 31,		  
    2026     2025     2024  
Current income tax   $ 16,772     $ —     $ 128,932  
Deferred income tax     (11,846 )     (174,620 )     —  
Provision for (Benefit from) income taxes   $ 4,926     $ (174,620 )   $ 128,932  
Schedule of Reconciliation Effective Tax

The following tables provide the reconciliation of the difference between the statutory and effective tax expenses following as of March 31, 2026, 2025 and 2024:  

 

    For the year ended
March 31,		  
    2026     2025     2024  
(Loss) Income before income tax   $ (10,310,278 )   $ (1,635,736 )   $ 912,370  
Tax expenses at the British Virgin Islands statutory tax rate     —       —       —  
Tax expenses at Singapore Profits Tax rate     —       —       —  
Hong Kong Profits Tax rate     16.50 %     16.50 %     16.50 %
Income taxes computed at Hong Kong Profits Tax rate     (1,701,196 )     (269,896 )     150,541  
Effect of different tax rates available to different jurisdictions     1,402,209       —       —  
Tax allowance at the statutory tax rates     (43,217 )     (1,362 )     (1,276 )
Tax effect on non-assessable income     (55 )     (18 )     (18 )
Tax effect on non-deductible expenditure     4,184       75,483       772  
Under-provision in prior years     11,607       —       —  
Tax effect of two-tier tax rate     —       21,173       (21,087 )
Valuation allowance     331,394       —       —  
Provision for (Benefit from) income taxes   $ 4,926     $ (174,620 )   $ 128,932  

The following table reconciles the statutory tax rate to the Company’s effective tax rate for the years ended March 31, 2026, 2025 and 2024: 

 

    For the year ended
March 31,		  
    2026     2025     2024  
British Virgin Islands statutory tax rate     — %     — %     — %
Hong Kong Profits tax rate     16.5 %     16.5 %     16.5 %
Different tax rates available to different jurisdictions     (13.6 )%     — %     — %
Tax allowance at the statutory tax rates     0.4 %     0.1 %     (0.1 )%
Non-assessable income     — %     — %     — %
Non-deductible expenditure     — %     (4.6 )%     — %
Under-provision in prior years     (0.1 )%     — %     — %
Two-tier tax rate     — %     (1.3 )%     (2.3 )%
Valuation allowance     (3.2 )%     — %     — %
Effective tax rate     — %     10.7 %     14.1 %
Schedule of an Analysis of Deferred Tax Assets

An analysis of the Company’s deferred tax assets as of March 31, 2026 and 2025 was as follows: 

 

    As of  March 31,  
    2026     2025  
Deferred tax assets:            
Net operating loss carried forward     515,228       174,915  
Less: Valuation allowance     (329,863 )     —  
Deferred tax assets - net   $ 185,365     $ 174,915  
Schedule of Movement of Deferred Tax Assets

The movement of deferred tax assets is as follows:  

 

    As of March 31,  
    2026     2025  
Balance at beginning of the year   $ 174,915     $ —  
Additions     343,240       174,620  
Utilization     —       —  
Valuation allowance     (331,394 )     —  
Exchange adjustment     (1,396 )     295  
Balance at end of the year   $ 185,365     $ 174,915  
Schedule of Deferred Tax Assets

Deferred tax assets

 

    Accumulated losses carry forward     Others     Total  
    USD     USD     USD  
As of April 1, 2024   $ —     $ —     $ —  
Credit to the statement of operations     174,620       —       174,620  
Exchange adjustment     295       —       295  
As of March 31, 2025 and April 1, 2025     174,915       —       174,915  
Credit to the statement of operations     331,394       11,846       343,240  
Less: valuation allowance     (331,394 )     —       (331,394 )
Exchange adjustment     (1,342 )     (54 )     (1,396 )
Balance at end of the year   $ 173,573     $ 11,792     $ 185,365