Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v2.4.0.8
INCOME TAXES (Tables)
3 Months Ended
Jun. 30, 2014
INCOME TAXES [Abstract]  
Schedule of Net Deferred Tax Assets

The components of the net deferred tax asset are as follows:

 

    June 30,     March 31,  
    2014     2013  
    $     $  
Deferred Tax Assets                
Non-Capital Losses Carry-Forward     216,624       205,159  
Valuation Allowance     (216,624 )     (205,159 )
                 
Net Deferred Tax Assets     -       -  

 

Schedule of Statutory Tax Rate Reconciliation

For the period ended June 30, 2014 and March 31, 2013, a reconciliation of the statutory tax rate to the effective tax rate is as follows:

 

Statutory Tax Rate     35%  
Increase in Valuation Allowance     (35% )
         
Effective Tax Rate     0%  

 

Schedule of Net Operating Loss Carryforwards

The net operating losses expire as follows:

 

       
2029     8,538  
2030     59,039  
2031     389,742  
2032     74,121  
2033     54,728  
2034     32,759  
         
TOTAL     618,927