Note 10 Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Tables)

6 Months Ended

Sep. 30, 2012

Schedule of Effective Income Tax Rate Reconciliation:

Schedule of Effective Income Tax Rate Reconciliation

	Three Months Ended September 30, 2012	Six Months Ended September 30, 2012		Three Months Ended September 30, 2011	Six Months Ended September 30, 2011
	(Unaudited)	(Unaudited)		(Unaudited)	(Unaudited)
Net Income (Loss) Before Income Taxes	9,637	$	18,814	(17,069)	$	(40,361)
HK income tax rate	16.5%		16.5%	16.5%		16.50%
Expected income tax expenses/(credit) calculated at HK income tax rate	1,590		3,104	(2,816)		(6,660)
Corporate expenses not deductible for tax purposes	5,734		6,311	2,529		4,057
Tax exemption	(3,062)		(3,082)	-		-
Utilization of tax losses not recognized	(4,242)		(6,333)	464		892
Actual income tax expenses	-	$	-	177	$	1,289