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Other non-current assets
12 Months Ended
Mar. 31, 2014
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Other Assets Disclosure [Text Block]
9.
Other non-current assets
 
Other non-current assets comprise:
 
 
 
As of March 31,
 
 
 
2013
 
2014
 
 
 
US$
 
US$
 
Prepaid expenses
 
 
 
187,176
 
 
 
177,659
 
Rent deposits
 
 
 
825,055
 
 
 
767,616
 
Loans to employees
 
 
 
32,143
 
 
 
52,029
 
Amount receivable on sale of investment (See Note - 6)
 
 
 
 
 
 
461,545
 
Total
 
 
 
1,044,374
 
 
 
1,458,849
 
 
The Company had subscribed to convertible promissory notes (referred to as the “notes”) issued by Examville.com LLC, for total cash consideration of US$1,100,000. During the year ended March 31, 2013, the Company recorded an other than temporary impairment loss of US$1,100,000 because the Company did not expect to recover the carrying amount.