XML 22 R11.htm IDEA: XBRL DOCUMENT v3.22.2
INTANGIBLE ASSETS, NET
3 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

NOTE – 5 INTANGIBLE ASSETS, NET

 

As of June 30, 2022 and 2021, intangible assets consisted of the following:

             
   Useful life  June 30, 2022   March 31, 2022 
At cost:             
Website development cost  5 years  $21,200   $21,352 
Trademarks  10 years   2,552    2,552 
Less: accumulated amortization      (5,405)   (4,308)
Foreign translation adjustment      (40)   (127)
      $18,307   $19,469 

 

Amortization of intangible assets for the three months ended June 30, 2022 and 2021 were $1,122 and $1,069, respectively.

 

As of June 30, 2022, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows:

       
Year ending June 30:   Amount  
2023   $ 4,486  
2024     4,486  
2025     4,486  
2026     3,428  
2027     255  
Thereafter     1,166  
Total   $ 18,307