INTANGIBLE ASSETS

12 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE – 5 INTANGIBLE ASSETS

As of March 31, 2023 and 2022, intangible assets consisted of the following: 

	Useful life	March 31, 2023			March 31, 2022
At cost:
Website development cost	5 years	$	21,352		$	21,352
Trademarks	10 years		2,552			2,552
Less: accumulated amortization			(8,799	)		(4,308	)
Foreign translation adjustment			(168	)		(127	)
		$	14,937		$	19,469

During the year ended March 31, 2023, amortization of intangible assets was $4,491. During the year ended March 31, 2022, there was amortization of intangible assets of $4,308.

As of March 31, 2023, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows: 

Year ending March 31:	Amount
2024	$	4,485
2025		4,484
2026		4,485
2027		255
2028		255
Thereafter		976
Total	$	14,937