Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 681

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1B
Chunk 681
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2024: $3,849,317) for estimated losses resulting from substantial doubt about the utilization of the tax credits. The change in the closing balance of Impairment is on account of foreign exchange differences on remeasurement
in reporting currency. 

8Short term investments

The components of short term investments were as follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 

    Certificate of deposits 
    $-  
    $298,495 
  
    Short term investments 
    $       -  
    $298,495 

9(a) Other current assets

The components of other current assets were as follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 

    Security deposits 
    $24,997  
    $98,813 
  
    Franchise tax refund receivable 
     84,490  
     84,490 
  
    Advance to employees 
     29,730  
     15,159 
  
    Receivables from car sale 
     57,892  
     90,244 
  
    Other receivables 
     64,091  
     235,040 
  
    Other current assets 
    $261,200  
    $523,746 

9(b) Other current assets with related parties

The components of other current assets with related parties were as
follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 

    Advance to director 
    $-  
    $44,168 
  
    Other current assets with related parties 
    $      -  
    $44,168 

F-25

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

10Assets held for sale

The components of assets held for sale were as follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 

    Vehicles 
    $267,293  
    $629,908 
  
    Total assets held for sale 
    $267,293  
    $629,908 

Vehicles represent