PROPERTY, EQUIPMENT AND SOFTWARE, NET

12 Months Ended

Mar. 31, 2020

PROPERTY, EQUIPMENT AND SOFTWARE, NET

Note 8– PROPERTY, EQUIPMENT AND SOFTWARE, NET


	As of		As of
	March 31, 2020		March 31, 2019
Cost:	USD		USD
Office equipment		1,434,881		1,440,817
Vehicle		56,777		59,903
Leasehold improvements		133,421		140,769
Software		451,379		357,783
Total		2,076,458		1,999,272
Less: Accumulated depreciation		(1,185,651)		(745,549)
Property, equipment and software, net		890,807		1,253,723

Depreciation and amortization expense on property, equipment and software for the years ended March 31, 2020, 2019 and 2018 were US$580,503, US$406,799 and US$174,384, respectively.