LEASE

9 Months Ended

Dec. 31, 2022

Lease

LEASE

NOTE –9 LEASE

As of December 31, 2022, the Company had entered into an operating lease with a lease term of 2 years, commencing from February 22, 2022.

Right of use assets and lease liability – right of use are as follows:

	December 31, 2022			March 31, 2022
Right-of-use assets	$	110,484		$	110,484
Accumulated depreciation		(67,831	)		(38,355	)
Exchange realignment		91			–
Total	$	42,744		$	72,129

The lease liability – right of use is as follows:

	December 31, 2022		March 31, 2022
Current portion	$	40,255	$	38,697
Non-current portion		3,444		33,721
Total	$	43,699	$	72,418

The weighted average discount rate for the operating lease is 5%.

As of December 31, 2022, the operating lease payment of $38,039 will mature in the next 12 months.