INCOME TAXES (Details 2) (USD $)	12 Months Ended
Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2011
Expected tax expense (benefit)	$ 517,302	$ 157,459	$ (210,646)
State income taxes, net of Federal income tax benefit	25,236	26,299	(34,794)
Permanent differences	5,421	5,247	4,347
Deemed Dividend	537,866	304,377	181,039
Change in valuation allowance	(2,246,235)	385,219	(632,559)
Tax rate differential on foreign earnings	(537,866)	(304,377)	(181,039)
Prior year adjustments	78,817	(574,224)	873,652
Actual tax (benefit) expense	$ (1,619,459)	$ 0	$ 0

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The portion of the difference between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to changes in the valuation allowance for deferred tax assets in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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The portion of the difference, between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to total foreign income tax expense or benefit. The foreign income tax expense or benefit difference represents the income tax expense or benefit at applicable domestic statutory income tax rates applied to foreign earnings or loss for the period versus the foreign income tax expense or benefit calculated by applying the appropriate foreign tax rates.

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The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.

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-Publisher FASB

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The sum of other amounts reflected in the reconciliation of the statutory tax provision (benefit) to the actual tax provision (benefit).

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