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NOTE RECEIVABLE
12 Months Ended
Mar. 31, 2023
Receivables [Abstract]  
NOTE RECEIVABLE

NOTE 4 – NOTE RECEIVABLE

 

During the year ended March 31, 2020, the Company loaned to Northern Ifurniture Inc in the amount of $70,000, which bears an interest rate at 7% per annum with a maturity on December 2, 2020. On June 25, 2020, Northern Ifurniture Inc. repaid note receivable to the Company in the amount of $20,000. On December 1, 2020, the Company approved to extend the maturity date to June 30, 2021, and then on June 29, 2021, the Company approved the second amendment and extended the maturity date to September 30, 2021. In September 2021, the note receivable was repaid in its entirety. For the years ended March 31, 2023 and 2022, the interest income were $nil and $1,574, respectively.