6. INCOME TAXES (Tables)

12 Months Ended

Mar. 31, 2016

Income Taxes Tables

Schedule of income tax benefit

	March 31, 2016		March 31, 2015
Current:
Federal	$ -		$ -
State	-		100
	-		100
Deferred:
Federal	(219)		219
State	(21)		21
	(240	)	240
Total provision (benefit) for income taxes	($ 240)		$ 340

	For the year ended March 31, 2016	For the period from August 25, 2014 (inception)  through March 31, 2015
Current tax expense	$ -	$ 100
Deferred tax (benefit) / expense	(240)	240
Total income tax (benefit) / expense	$ (240)	$ 340

Schedule of deferred tax assets and liabilities

	As of March 31, 2016	As of March 31, 2015
Deferred tax assets:
Net operating loss carryforward	$ 235,443	$ 51,835
Less: Valuation allowance	(235,443)	(51,835)
Net deferred tax asset	$ -	$ -

	As of March 31, 2016	As of March 31, 2016
Deferred tax liabilities:
Prepaid expenses	$ -	$   (180)
Fixed assets	-	(60)
Total deferred tax liabilities	-	$   (240)

Schedule of U.S. Federal rate

	As of March 31, 2016	As of March 31, 2015
Statutory rate	37.3%	37.3%
Permanent differences	-	0.06%
Valuation allowance	(37.35%)	(37.48%)
Total	(0.05%)	(0.25%)