v3.25.2
Income Taxes (Tables)
12 Months Ended
Mar. 31, 2025
Income Taxes [Abstract]  
Schedule of Income Tax Provision (Benefit)

The income tax provision (benefit) consists of the following:

 

   For the   For the 
   Year
Ended
   Year
Ended
 
   March 31,
2025
   March 31,
2024
 
Current        
Federal  $324,395   $613,217 
State        
Deferred          
Federal   (37,152)   2,975 
State        
Income tax provision  $287,243   $616,192 
Schedule of Reconciliation of the Statutory Federal Income Tax Rate to the Company’s Effective Tax Rate

A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows:

 

  

For the

Year Ended

  

For the

Year Ended

 
   March 31, 2025   March 31, 2024 
U.S. statutory rate   21.0%   21.0%
Change in valuation allowance   51.4%   6.8%
Effective tax rate   72.4%  $27.8%
Schedule of Net Deferred Tax Assets Liabilities

The Company’s net deferred tax assets (liabilities) were as follows as of:

 

   March 31,
2025
   March 31,
2024
 
Deferred tax assets:        
Start-up/organization costs  $575,740   $371,785 
Deferred tax liability:          
Accrued dividend income   (13,892)   (51,045)
Total deferred tax assets   561,848    320,740 
Valuation allowance   (575,740)   (371,785)
Deferred tax liability, net  $(13,892)  $(51,045)