v3.26.1
Taxes (Tables)
12 Months Ended
Mar. 31, 2026
Taxes [Abstract]  
Schedule of Income Tax Expense (Benefit)

(i) The components of the income tax expense (benefit) are as follows:

 

    For the Years Ended March 31,  
    2026     2025     2024  
Current income tax provision   $ 17,055     $ 100,095     $ 36,392  
Deferred income tax provision (benefit)     103,970       9       94,498  
Total   $ 121,025     $ 100,104     $ 130,890  
Schedule of Deferred Tax Assets and Liabilities

(ii) The following table summarizes deferred tax assets resulting from differences between the financial reporting basis and tax basis of assets and liabilities:

 

    As of
March 31,
2026
    As of
March 31,
2025
 
Allowance for doubtful accounts   $ 78,654     $ 76,836  
Deferred revenue     89,139       184,875  
Net operating loss carry-forwards     384,780       748  
Total deferred tax asset     552,573       262,459  
Valuation allowance     (384,780 )     (1,208 )
Deferred tax assets, net   $ 167,793     $ 261,251  
Schedule of statutory effective tax rate

(iii) The following table reconciles the PRC statutory rates to the Company’s effective tax rate for the years ended March 31, 2026, 2025 and 2024:

 

    For the Years Ended  
    March 31,
2026
    March 31,
2025
    March 31,
2024
 
Statutory PRC income tax rate     25 %     25 %     25 %
Favorable tax rate impact (a)     (8.6 )%     (10.3 )%     (5.3 )%
Permanent difference     (2.8 )%     - %     - %
Change in valuation allowance     (28.5 )%     2.5 %     2.0 %
Effective tax rate     (14.9 )%     17.2 %     21.7 %

 

(a) Distance Learning and are subject to a favorable tax rate of 15%; Hunan Huafu, Digital Information, Huaxia Muke, Shanghai Xia Shu, Shanghai Xin Fu, Nanjing Suyun, Guizhou Huafu, Fuzhou Huafu, Sichuan Huafu, Guangzhou Huafu Gansu Huafu and Zhihui Xinyu are subject to a favorable tax rate of 5%.
Schedule of Taxes Payable

Taxes payable consisted of the following:

 

    As of
March 31,
2026
    As of
March 31,
2025
 
Income tax payable   $ 1,045,219     $ 992,973  
Value added tax payable     7,880       13,950  
Other taxes payable     6,464       6,427  
Total   $ 1,059,563     $ 1,013,350