INTANGIBLE ASSETS

3 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE – 6 INTANGIBLE ASSETS

As of June 30, 2023 and March 31, 2023, intangible assets consisted of the following:

	Useful life	June 30, 2023			March 31, 2023
At cost:
Website development cost	5 years	$	21,147		$	21,200
Trademarks	10 years		2,545			2,552
Foreign translation adjustment			42			(59	)
			23,734			23,693
Less: accumulated amortization			(9,879	)		(8,774	)
Foreign translation adjustment			(15	)		18
		$	13,840		$	14,937

Amortization of intangible assets for the three months ended June 30, 2023 and 2022 were $1,123 and $1,122, respectively.

As of June 30, 2023, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows:

Year ending June 30:	Amount
2024	$	3,369
2025		4,492
2026		4,492
2027		255
2028		255
Thereafter		977
Total	$	13,840