INCOME TAXES (Tables)

12 Months Ended

Mar. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

Net deferred tax assets and liabilities consist of the following components as of March 31, 2024, and 2023:

	March 31,
	2024			2023
Deferred tax assets
Right of use liabilities		76,693			48,539
Goodwill amortization		13,121			15,041
Charitable Contribution carryover		-			19
NOL carryover		2,539,181			3,255,242
Total deferred tax assets		2,628,995			3,318,841
Deferred tax liabilities
Right of use assets		(76,693	)		(48,539	)
Depreciation		(11,043	)		(5,101	)
Total deferred tax liabilities		(87,736	)		(53,640	)
Net deferred tax assets		2,541,259			3,265,201
Less valuation allowance		-			(2,253,735	)
Net deferred tax assets		2,541,259			1,011,466

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The reconciliation of the Company’s net income taxes for fiscal years 2024 and 2023 are as follows:

	March 31, 2024			March 31, 2023
U.S. Federal income tax at statutory rate	$	617,681		$	376,732
State taxes, net of Federal benefit		208,403			127,569
Non-taxable income		-			(4,200	)
Change in valuation allowance		(2,355,877	)		(1,511,567	)
Income Tax Benefit		(1,529,793	)		(1,011,466	)

SCHEDULE OF FEDERAL OPERATING LOSS CARRYFORWARDS

Summary of Federal Operating Loss Carryforwards

Unused operating loss carryforward March 31, 2023	$	12,111,354
Operating loss carryforwards realized	$	2,981,269
Expiration of operating loss carryforward		-
Unused operating loss carryforward March 31, 2024	$	9,173,444