v3.25.1
Taxes (Tables)
12 Months Ended
Mar. 31, 2024
Taxes [Abstract]  
Schedule of Taxation in the Statement of Income

Taxation in the statement of income represents:

 

   For the years ended March 31, 
   2022   2023   2024   2024 
   HKD   HKD   HKD   US$ 
Hong Kong profits tax provision for the year:                
Current   1,739,988    1,181,056    2,817,000    359,959 
Deferred   
    
    
    
 
    1,739,988    1,181,056    2,817,000    359,959 
Schedule of Statutory Rates to Effective Tax Rate

The following table reconciles Hong Kong statutory rates to the Company’s effective tax rate:

 

   For the years ended March 31, 
   2022   2023   2024   2024 
   HKD   HKD   HKD   HKD 
Income before tax   11,180,378    7,473,926    12,753,794    1,629,691 
Hong Kong statutory income tax rate   16.50%   16.50%   16.50%   16.50%
Income tax expense computed at statutory rate   1,844,763    1,233,198    2,104,376    268,899 
Reconciling items:                    
Non-deductible items in Hong Kong   
    
    272,376    34,804 
Non-taxable items in Hong Kong   (94,775)   (46,142)   (608,034)   (77,695)
Under provision for prior year   
    
    1,051,282    134,334 
Tax credit   (10,000)   (6,000)   (3,000)   (383)
Effective income tax expenses   1,739,988    1,181,056    2,817,000    359,959