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Other Current Liabilities
12 Months Ended
Mar. 31, 2024
Other Liabilities Disclosure [Abstract]  
Other Current Liabilities

12. Other current liabilities

Other current liabilities consist of the following:

 

 

 

 

 

 

As of
 March 31,
2024

 

 

As of
March 31,
2023

 

Statutory liabilities

 

 

 

 

 

1,252,384

 

 

 

1,417,751

 

Deferred revenue

 

 

 

 

 

656,968

 

 

 

108,442

 

Advances from customers

 

 

 

 

 

445,696

 

 

 

52,227

 

Provision for income tax

 

 

 

 

 

-

 

 

 

83,054

 

Retirement benefits

 

 

 

 

 

14,128

 

 

 

3,008

 

Other payables

 

 

 

 

 

862,786

 

 

 

839,411

 

 

 

 

 

 

3,231,962

 

 

 

2,503,893

 

 

Other Payables include consideration payable on acquisition of National Automobile Club amounting $488,000 during the year March 31, 2024.