Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 279

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 279
---
 (113,443
    )
  
    Payable to customers written back

    (62,899
    )

    (762
    )

    (76,052
    )

    (58,265
    )
  
    Other, net

    (22,597
    )

    (3,451
    )

    (125,518
    )

    (53,395
    )
  
    Total
     
    $
    757,826

    $
    (34,503,014
    )
     
    $
    (29,297
    )
     
    $
    (10,377,735
    )

    Other (income) - from related parties

    Interest income
     
    $
    -

    $
    (5,548
    )
     
    $
    -

    $
    (11,224
    )
  
    Total
     
    $

    $
    (5,548
    )
     
    $
    -

    $
    (11,224
    )

38

ZOOMCAR HOLDINGS, INC.

NOTES TO CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS (UNAUDITED)

    26
    Income taxes

The components of (loss)/gain before income taxes consist
of the following: 

    Three months ended  December 31,  
    Nine months ended  December 31, 
  
    (In USD) 
    2024  
    2023  
    2024  
    2023 
  
    Domestic 
    $(5,889,163) 
    $19,809,584  
    $(8,072,027) 
    $(11,367,084)
  
    Foreign 
     (2,032,900) 
     (5,384,145) 
     (5,733,590) 
     (15,390,894)
  
    Profit/(Loss) before income taxes 
    $(7,922,063) 
    $14,425,439  
    $(13,805,617) 
    $(26,757,978)

The Company has computed income tax expense/(benefit) for the three
months and nine months ended December 31, 2024 and December 31, 2023 by using a forecasted annual effective tax rate and adjust for any
discrete items arising during the period. The Company has recorded $