DISPOSAL OF SUBSIDIARIES (Tables)

12 Months Ended

Mar. 31, 2024

GAIN FROM DISCONTINUED OPERATIONS

SCHEDULE OF THE ASSETS AND LIABILITIES OF THE DISPOSAL OF SUBSIDIARIES

The following table summarizes the assets and liabilities of the disposal of subsidiaries included in the consolidated balance sheet indicated:

Accounts receivable, net	$	27,872
Prepaid expenses, deposits and other receivables		498
Plant and equipment, net		56,174
Intangible assets		1,054
Accounts payable		(10,560	)
Accrued expenses and other payables		(43,214	)
Other payables to related parties		(1,476,233	)
Net liabilities of the subsidiaries	$	(1,444,409	)
Consideration		1
Gain from disposal of subsidiaries	$	1,444,410

The following table summarizes the operating results of the discontinued operations for the periods indicated:

	Years ended March 31
	2024			2023
Revenue	$	23,210		$	122,381
Cost of revenue		-			(69,417	)
Gross profit		23,210			52,964
General and administrative expenses		(8,135	)		(489,306	)
Loss from operations	$	15,075		$	(436,342	)
Finance cost		(156	)		(1,452	)
Gain/(Loss) before income tax		14,919			(437,794	)
Income tax expense		-			-
Gain from discontinued operations	$	14,919		$	(437,794	)