Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 264

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 264
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 |     | $         | 334,071 |     | $ | 222,690 |

The following table reconciles statutory rate to effective tax rate:

|                                       |     | March 31, |    |     |       |    |
|                                       |     |      2024 |    |     |  2023 |    |
| Hong Kong statutory income tax rate   |     |     16.50 | %  |     | 16.50 | %  |
| – Non-taxable income                  |     |     (0.10 | )% |     | (0.63 | )% |
| – Non-deductible expenses             |     |      0.16 | %  |     |  0.09 | %  |
| – Temporary difference not recognized |     |      0.12 | %  |     |  0.33 | %  |
| – Tax reduction                       |     |     (0.02 | )% |     | (0.05 | )% |
| – Income tax at concessionary rate    |     |     (0.99 | )% |     | (1.41 | )% |
| Effective tax rate                    |     |     15.67 | %  |     | 14.83 | %  |

Deferred tax The Company measures deferred tax asset based on the difference between the financial statements and tax base of asset at the applicable tax rates. Components of the Company’s deferred tax asset are as follows:

| Deferred tax asset:              |     | March 31, 
 2024      |   |     | 2023 |        |
|:---------------------------------|:----|:----------|:--|:----|:-----|-------:|
| Net operating loss carryforwards |     | $         | — |     | $    | 42,789 |
| Total deferred tax asset         |     |           | — |     |      | 42,789 |

Realization of the Company’s deferred tax asset is dependent upon the Company generating sufficient taxable income in future years to obtain benefit from the reversal of temporary differences. Uncertain tax positions are evaluated based upon the facts and circumstances that exist at each reporting period. Subsequent changes in judgment based upon new information may lead to changes in recognition, derecognition, and measurement. Adjustment may result, for example, upon resolution of an issue with the taxing authorities or expiration of a statute of limitations barring an assessment