v3.25.1
Intangible Assets
12 Months Ended
Mar. 31, 2024
Intangible Assets [Abstract]  
Intangible Assets
13Intangible Assets

 

The components of intangible assets, were as follows:

 

(In USD)

 

      March 31, 2024   March 31, 2023 
As at  Average
useful life
   Gross Carrying Amount   Accumulated
Amortization
   Net Carrying
Amount
   Gross Carrying Amount   Accumulated
Amortization
   Net Carrying
Amount
 
Computer software   5 years   $33,033   $(14,640)  $18,393   $140,181   $(106,769)  $33,412 
Total        33,033    (14,640)   18,393    140,181    (106,769)   33,412 

 

Amortization expense for the year ended March 31, 2024 and March 31, 2023 was $6,981 and $41,331 respectively Future amortization of intangible assets that will be recorded in general and administrative expenses is estimated as follows.

 

   Year ended
31 March
 
   2024   2023 
2024  $6,575   $10,581 
2025   6,575    10,054 
2026   5,050    7,048 
2027   193    5,347 
2028   -    382 
Thereafter   -    
 
 
Total remaining amortization   18,393    33,412