v3.26.1
Accrued Expenses and Other Liabilities - Schedule of Accrued Expenses and Other Liabilities (Details) - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Schedule of Accrued Expenses and Other Liabilities [Abstract]    
Deposits [1] $ 586,272 $ 551,905
Assumed liabilities of Disposed Entities [2] 326,324 363,169
Accrued payroll and welfare 153,180 141,555
Accrued expenses [3] 85,840 60,289
Other taxes payable 39,860 38,479
Payables for expenditures on automobile transaction and related services 14,877 11,067
Other payables 600
Total accrued expenses and other liabilities $ 1,206,953 $ 1,166,464
[1] Deposits

 

The balance of deposits represented the security deposit from operating and finance lease customers to cover lease payment and related automobile expense in case the customers’ accounts are in default. The balance is refundable at the end of the lease term, after deducting any missed lease payment and applicable fee.
[2] Assumed liabilities of Disposed Entities

 

The assumed liabilities of the disposed subsidiaries represent the debts that the Company is required to assume pursuant to the Sichuan Acquisition Agreement in connection with the disposal of Disposed Entities, which are repayable on demand or per contractual terms.
[3] Accrued expenses

 

The balance of accrued expenses represented the unbilled or payable balances to the expenses related to the daily operations of automobiles and services fees to professional institutions.