v3.26.3
TAXATION (Tables)
12 Months Ended
Apr. 30, 2026
Income Tax Disclosure [Abstract]  
SCHEDULE OF INCOME LOSS BEFORE INCOME TAXES

Income/(loss) before income taxes was as follows:

 

   For the Year Ended    For the Year Ended  
Description  April 30, 2026   

April 30, 2025

 
United States  $(7,182,814)    

(2,302,780)

 
Foreign   (11,458,915)     8,948,000  
Loss before income taxes  $(18,641,729)     6,645,220  
SCHEDULE OF COMPONENTS OF PROVISION FOR INCOME TAXES

The components of the provision for income taxes were as follows:

 

   For the Year Ended
April 30, 2026
   For the Year Ended
April 30, 2025
 
Current:        
U.S. federal and state  $-   $- 
Foreign   -    (2,011,773)
Total current income tax expense   -    (2,011,773)
Deferred:          
U.S. federal and state   

1,081,209

   - 
Foreign   -    - 
Total deferred income tax benefit   1,081,209   - 
Income tax benefit/(expense)  $1,081,209   $(2,011,773)
SCHEDULE OF EFFECTIVE RATE OF RECONCILIATION OF INCOME TAX BENEFIT

A reconciliation of the income tax benefit computed at the U.S. federal statutory income tax rate of 21% to the Company’s actual income tax expense for the year ended April 30, 2026 is as follows:

 

Description  Amount   Rate 
Income tax benefit at U.S. federal statutory rate  $(3,774,439)   21.0%
Foreign tax effects   34,613    (0.2)%
Tax effect of losses for which no tax benefit was recognized   2,658,617    (22.7)%
Income tax benefit  $(1,081,209)   (6.46)%