Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 179

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 179
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’s costs incurred in the plan was $72,829,
$62,739and $43,030, respectively.

Income
taxes

The
Company recognizes deferred income tax assets or liabilities for expected future tax consequences of events recognized in the consolidated
financial statements or tax returns. Under this method, deferred income tax assets or liabilities are determined based upon the difference
between the 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.

Income
per share

The
Company computes income per share following ASC Topic 260, “ Earnings per share”. Basic income per share is measured
as the income available to common shareholders divided by the weighted average common shares outstanding for the period, including Class
A Ordinary Shares and Class B Ordinary Shares. Diluted income per share presents the dilutive effect on a per-share basis 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-if method; the potentially dilutive effect of options or warranties are computed using the treasury stock
method. Potentially anti-dilutive securities (i. e., those that increase income per share or decrease loss per share) are excluded from
diluted income per share calculation. There were no potentially dilutive securities that were in-the-money that were outstanding during
the years ended March 31, 2025, 2024 and 2023.

Segment
reporting

ASC 280,
Segment Reporting, establishes standards for companies to report in their financial statements information about operating segments,
products, services, geographic areas, and major customers.

Based
on the criteria established by ASC 280, the CODM has been identified as the Company’s chief executive officer. The CODM has determined
that the Company operates as a single operating segment and uses consolidated net income as measures of profit or loss on a consolidated
basis when making decisions regarding resource allocation and performance assessment. The Company’s key financial metrics used
by the CODM help make