INTANGIBLE ASSETS, NET

9 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET

NOTE – 7 INTANGIBLE ASSETS, NET

As of December 31, 2022 and March 31, 2022, intangible assets consisted of the following:

	Useful life	December 31, 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			(7,651	)		(4,308	)
Foreign translation adjustment			43			(127	)
		$	16,144		$	19,469

Amortization of intangible assets for the three months ended December 31, 2022 and 2021 were $1,125 and $2,126, respectively.

Amortization of intangible assets for the nine months ended December 31, 2022 and 2021 were $3,368 and $4,298, respectively.

As of December 31, 2022, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows:

Year ending December 31:	Amount
2023	$	4,508
2024		4,508
2025		4,508
2026		1,319
2027		256
Thereafter		1,045
Total	$	16,144