INCOME TAXES (Tables)

6 Months Ended

12 Months Ended

Sep. 30, 2024

Mar. 31, 2024

Income Taxes

SCHEDULE OF CURRENT INCOME TAXES

The tax charge for the period can be reconciled to the (loss) gain for the period from the unaudited interim condensed consolidated statement of profit or loss and other comprehensive income as follows:

	Six months ended 30 September 2024			Six months ended 30 September 2023
	USD			USD
(Loss) profit for the period		(1,161,471	)		872,075
Notional tax calculated at the rates applicable to profits in the tax jurisdictions concerned		(576,164	)		128,682
Tax effect of expenses that are not deductible		131,484			262,498
Tax effect of income that are not taxable		-			(832,260	)
(Utilization of) tax effect of tax losses previously not recognized		444,680			441,080
Income tax expense		-			-

The income tax expense for the year can be reconciled to the loss for the year from per the combined statement of profit or loss and other comprehensive income as follows:

	Year ended 31 March 2024			Year ended 31 March 2023
	USD			USD
Loss before taxation		(4,862,470	)		(9,257,598	)
Notional tax calculated at the rates applicable to profits in the tax jurisdictions concerned		(821,825	)		(1,555,403	)
Tax effect of expenses that are not deductible		405,775			451,111
Tax effect of income that are not taxable		(676,665	)		-
Tax effect of tax losses not recognized		1,092,715			1,104,292
Under-provision in prior years		8,917			-
Income tax expense		8,917			-