Company: GRAN
Filing Date: 2025-01-30
Form Type: F-1/A
Source: 0001213900-25-008225
Chunk: 267

Company: Grande Group Ltd/HK
Filing Date: 2025-01-30
Form: F-1/A
Chunk 267
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defined contribution plans are charged to either expense as incurred. Income taxes The Company recognizes deferred income tax assets or liabilities for expected future tax consequences of events recognized in the unaudited interim condensed consolidated financial statements or tax returns. Under this method, deferred income tax assets or liabilities are determined based upon the difference between the unaudited interim condensed consolidated financial statements and income tax bases of assets and liabilities using enacted tax rates expected to apply when the differences settle or become realized. Valuation allowances are provided when it is more likely than not that a deferred tax asset is not realizable or recoverable in the future. The Company determines that the tax position is more likely than not to be sustained and records the largest amount of benefit that is more likely than not to be realized when the tax position is settled. The Company recognizes interest and penalties, if any, related to uncertain tax positions in income tax expense.

F-40

NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) Income /loss per share The Company computes income/loss per share following ASC Topic 260, “Earnings per share”. Basic income/loss per share is measured as the income/loss available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted income/loss per share presents the dilutive effect on a per -sharebasis from the potential conversion of convertible securities or the exercise of options and or warrants; the dilutive impacts of potentially convertible securities are calculated using the as -ifmethod; the potentially dilutive effect of options or warranties are computed using the treasury stock method. Potentially anti -dilutivesecurities (i.e., those that increase income per share or decrease loss per share) are excluded from diluted income/loss per share calculation. There were no potentially dilutive securities that were in -the -moneythat were outstanding during the six months ended September 30, 2024 and 2023. Segment reporting ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for detailing the Company’s business segments. The Company operates and manages its business as one reportable and operating segment, which is the business of the provision of corporate finance advisory services. The Company’s chief executive officer, who is the chief operating decision maker, reviews financial information on an aggregate basis for purposes of allocating resources and evaluating financial performance. All the Company’s long -