SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: INCOME TAXES (Policies)

3 Months Ended

Jun. 30, 2012

INCOME TAXES:

INCOME TAXES

E.  INCOME TAXES

The Company accounts for income taxes pursuant to the provisions of the ASC 740, Accounting for Income Taxes, which requires an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of assets and liabilities.