2.4.0.8000170 - Disclosure - Income Taxestruefalsefalse1false falsefalseD120401_130331http://www.sec.gov/CIK0001449574duration2012-04-01T00:00:002013-03-31T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2us-gaap_IncomeTaxDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse0012.       Income Taxes The Company has losses carried forward for income tax purposes for March 31, 2013 and 2012.  There are no current or deferred tax expenses for the period ended March 31, 2013 or 2012 due to the Companys loss position.  The Company has fully reserved for any benefits of these losses.  The deferred tax consequences of temporary differences in reporting items for financial statement and income tax purposes are recognized, as appropriate.  Realization of the future tax benefits related to the deferred tax assets is dependent on many factors, including the Companys ability to generate taxable income within the net operating loss carryforward period.  Management has considered these factors in reaching its conclusion as to the valuation allowance for financial reporting purposes. The provision for refundable federal income tax consists of the following:   <table border="0" cellspacing="0" cellpadding="0" width="546" style='width:409.5pt;margin-left:.45in;border-collapse:collapse'> <tr align="left"> <td width="291" valign="top" style='width:218.45pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="119" valign="bottom" style='width:88.9pt;padding:0in 5.4pt 0in 5.4pt'> 2013 </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="100" valign="bottom" style='width:75.35pt;padding:0in 5.4pt 0in 5.4pt'> 2012 </td> </tr> <tr style='height:15.75pt'> <td width="291" valign="top" style='width:218.45pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt'> Deferred tax asset attributable to: </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt'>   </td> <td width="119" valign="bottom" style='width:88.9pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt'>   </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt'>   </td> <td width="100" valign="bottom" style='width:75.35pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt'>   </td> </tr> <tr align="left"> <td width="291" valign="top" style='width:218.45pt;padding:0in 5.4pt 0in 5.4pt'> Current operations </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="119" valign="bottom" style='width:88.9pt;padding:0in 5.4pt 0in 5.4pt'> $        (614,549) </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="100" valign="bottom" style='width:75.35pt;padding:0in 5.4pt 0in 5.4pt'> $     (454,792) </td> </tr> <tr align="left"> <td width="291" valign="top" style='width:218.45pt;padding:0in 5.4pt 0in 5.4pt'> Less: Change in valuation allowance </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="119" valign="bottom" style='width:88.9pt;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'>           614,549 </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="100" valign="bottom" style='width:75.35pt;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'>          454,792 </td> </tr> <tr align="left"> <td width="291" valign="top" style='width:218.45pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="119" valign="bottom" style='width:88.9pt;border:none;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="100" valign="bottom" style='width:75.35pt;border:none;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="291" valign="top" style='width:218.45pt;padding:0in 5.4pt 0in 5.4pt'> Net refundable amount </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="119" valign="bottom" style='width:88.9pt;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> $                       - </td> <td width="18" valign="bottom" style='width:13.4pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="100" valign="bottom" style='width:75.35pt;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> $                  -- </td> </tr> </table>   The composition of the Companys deferred tax assets as at March 31, 2013 and 2012 is as follows:   <table border="0" cellspacing="0" cellpadding="0" width="564" style='margin-left:18.9pt;border-collapse:collapse'> <tr style='height:14.85pt'> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt;height:14.85pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt;height:14.85pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0in 5.4pt 0in 5.4pt;height:14.85pt'> 2013 </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt;height:14.85pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;padding:0in 5.4pt 0in 5.4pt;height:14.85pt'> 2012 </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'> Net operating loss carry forward </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> $   (1,755,855) </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> $      (1,299,407) </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;border:none;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'> Statutory federal income tax rate </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0in 5.4pt 0in 5.4pt'> 35% </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;padding:0in 5.4pt 0in 5.4pt'> 35% </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'> Effective income tax rate </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0in 5.4pt 0in 5.4pt'> 0% </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;padding:0in 5.4pt 0in 5.4pt'> 0% </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'> Deferred tax asset </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0in 5.4pt 0in 5.4pt'> (614,549) </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;padding:0in 5.4pt 0in 5.4pt'>          (454,792) </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'> Less: : Change in valuation allowance </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'>     614,549 </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'>  454,792 </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;border:none;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;border:none;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="318" valign="top" style='width:238.5pt;padding:0in 5.4pt 0in 5.4pt'> Net deferred tax asset </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="102" valign="bottom" style='width:76.5pt;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> $                  -- </td> <td width="18" valign="bottom" style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="108" valign="bottom" style='width:81.0pt;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> $                  -- </td> </tr> </table>   The potential income tax benefit of these losses has been offset by a full valuation allowance.  As at March 31, 2013 and March 31, 2012, the Company has an unused operating loss carry-forward balance of approximately $1,755,855 and $1,299,407 respectively, which begins to expire in 2027.falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 false0Income TaxesfalseIncome TaxesUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://ECRY/20130331/role/idr_DisclosureIncomeTaxes12