Quarterly report pursuant to Section 13 or 15(d)

8. Deferred Tax Assets (Tables)

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8. Deferred Tax Assets (Tables)
 6 Months Ended
Sep. 30, 2017
Deferred Tax Assets Tables  
Deferred tax assets and liabilities
   

September 30,

2017

    

March 31,

2017

  
             
Deferred tax asset:            
             
Tax losses carryforward   $ 1,770     $ 2,398  
Accrued liabilities     19       20  
Revaluation on trading securities     47       76  
Valuation allowance     (1,144 )     (1,468 )
                 
Deferred tax assets   $ 692     $ 1,026  
                 
Deferred tax liabilities:                
                 
Revaluation on trading securities   $ 851     $ -  
Deferred tax liabilities     851       -  
                 
Net deferred tax (liability)/assets   $ (159 )   $ 1,026  

 

    September 30, 2017    

March 31,

2017

  
             
Deferred tax asset:            
             
Net operating loss carryforward   $ 580     $ 398  
Valuation allowance     (580 )     (398 )
                 
Deferred tax assets   $ -     $ -