| Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
| Sep. 30, 2018 |
| Accounting Policies [Abstract] | |
| Accounting Policies | Accounting
Policies These
financial statements are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted
in the United States of America (“US GAAP”) as detailed in the Financial Accounting Standards Board’s (“FASB”)
Accounting Standards Codification (“ASC”). |
| Basis of Presentation | Basis
of Presentation The
acquisition of all of the outstanding shares of common stock of Sunalpha by TripBorn on December 14, 2015 was accounted for as
a reverse recapitalization. Sunalpha was the acquirer for financial reporting purposes, and TripBorn was the acquired company.
Consequently, the assets, liabilities and results of operations that are reflected in the Company’s consolidated financial
statements prior to the December 14, 2015 transaction are those of Sunalpha and are recorded using the historical cost basis.
The consolidated financial statements after completion of the December 14, 2015 transaction include the assets, liabilities and
results of operations of Sunalpha up to the day prior to the closing of the transaction, and the assets, liabilities and results
of operations of the Company and Sunalpha from and after the closing of the transaction on December 14, 2015. All significant
related party accounts and transactions between the Company and Sunalpha have been eliminated upon consolidation. |
| Revenue Recognition | Revenue
Recognition In
May 2014, the FASB issued guidance on revenue from contracts with customers that superseded most current revenue recognition guidance,
including industry-specific guidance. The underlying principle of the guidance is to recognize revenue to depict the transfer
of goods or services to customers at an amount to which the company expects to be entitled in exchange for those goods or services.
The new guidance requires an evaluation of revenue arrangements with customers following a five-step approach: (1) identify the
contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate
the transaction price to the performance obligations; and (5) recognize revenue when (or as) the company satisfies each performance
obligation. Revenues are recognized when control of the promised services are transferred to the customers in an amount that reflects
the expected consideration in exchange for those services. A customer obtains control when it has the ability to direct the use
of and obtain the benefits from the services. Other major provisions of the guidance include capitalization of certain contract
costs, consideration of the time value of money in the transaction price and allowing estimates of variable consideration to be
recognized before contingencies are resolved in certain circumstances. The guidance also requires enhanced disclosures regarding
the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company adopted
the provisions of this guidance effective January 1, 2018 as required under the guidance. The adoption of this guidance did not
have any material impact on the Company’s consolidated condensed financial statements. |
| Cost of Revenue | Cost
of Revenue Cost
of revenue primarily consists of costs paid to hotel and vacation package suppliers for the acquisition of relevant services and
products for sale to customers and includes the procurement cost of hotel rooms and other services. Cost
of revenue is the amount paid or accrued to procure these services and products from the respective suppliers and do not include
any other operating cost to provide these services or products. Cost of revenue is recognized when incurred, which coincides with
the recognition of the corresponding revenue. |
| Operating Expenses | Operating
Expenses Operating
expenses include costs such as advertising and business promotion costs, utilities, rent, payroll and consultants fees and charges,
which are recognized on an accrual basis. Depreciation and amortization costs are amortized over the estimated useful lives of
the assets. |
| Use of Estimates | Use
of Estimates The
preparation of financial statements in US GAAP requires management to make estimates and assumptions that affect the amounts reported
in the financial statements and footnotes thereto. Actual results could differ significantly from those estimates. The estimates
underlying the Company’s Financial Statements relate to, accruals for travel transactions, valuation of accounts receivable,
useful life of long-lived assets and income taxes. |
| Cash and Cash Equivalents | Cash
and Cash Equivalents The
Company considers all highly-liquid investments (including money market funds) with an original maturity at acquisition of three
months or less to be cash equivalents. The Company maintains cash balances, which may exceed federally insured limits. The Company
does not believe that this results in any significant credit risk. Sunalpha
has fourteen accounts denominated in Indian Rupees. As of September 30, 2018 and 2017, the cash balance in financial institutions
in India was USD $466,744 and $168,901, respectively. The transactions are undertaken in Indian Rupees and requires a foreign
currency translation adjustment. The Company’s cash deposits in India are not insured against loss. The Company does not
believe that this results in any significant credit risk. |
| Receivables and Credit Policies | Receivables
and Credit Policies Accounts
receivable are uncollateralized customer obligations due under normal trade terms which generally range from 24 hours to seven
to ten days from the time and date of transaction. Accounts receivable are stated at the amount billed to the customer. Customer
account balances with invoices exceeding credit terms are considered delinquent. Payments of accounts receivable are allocated
to specific invoices identified on the customer’s remittance advice or, if unspecified, are applied to the earliest unpaid
invoices. |
| Property and Equipment | Property
and Equipment Property
and equipment are stated at cost less accumulated depreciation. Depreciation of property and equipment is computed on a straight-line
basis over the estimated useful lives of the assets. The Company charges repairs and maintenance costs that do not extend the
lives of the assets to expenses as incurred. |
| Intangible Assets | Intangible
Assets ntangible
assets with indefinite useful lives are tested for impairment at least annually. Intangible assets that have limited useful lives
are amortized on a straight line basis over the shorter of their useful or legal lives. |
| Concentration of Credit Risk | Concentration
of Credit Risk Financial
instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents
and accounts receivable. The
Company maintains its cash in bank deposit accounts, which are not insured. The Company has not experienced any losses in such
accounts. The Company believes that it is not exposed to any significant credit risk related to its cash holdings. |
| Income Taxes | Income
Taxes The
Company is subject to income taxes on an entity basis on income arising in or derived from the tax jurisdiction in which each
entity is domiciled. TripBorn, Inc. was incorporated in the State of Delaware and is subject to Federal income tax in the United
States of America. Sunalpha was incorporated under the laws of the Republic of India and has no operating profit for current tax
liabilities. The Indian corporate income tax rate is 30% for domestic companies. The
Company accounts for income taxes in accordance with ASC 740, “Income Taxes”, which requires the Company to use the
asset and liability method of accounting for income taxes. Under the asset and liability method, deferred income taxes are recognized
for the tax consequences of temporary differences by applying enacted statutory tax rates applicable to future years to differences
between financial statement carrying amounts and the tax bases of existing assets and liabilities and operating loss and tax credit
carry forwards. Under this accounting standard, the effect on deferred income taxes of a change in tax rates is recognized in
income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that
some portion, or all of, a deferred tax asset will not be realized. ASC
740 clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in its
financial statements the impact of a tax position, if that position is more likely than not of being sustained upon
examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest
amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period
in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized
tax benefits, if and when required, as part of income tax expense in the consolidated statements of income and comprehensive
income. No significant uncertainty in tax positions relating to income taxes have been incurred during the quarters ended
September 30, 2018 and 2017. On
December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act
(“Tax Act”). The Tax Act included a broad range of complex provisions impacting the taxation of multi-national companies.
The Tax Act makes broad and complex changes to the U.S. corporate income tax system and includes a Transition Toll Tax (the “Transition
Tax”), which is a one-time mandatory deemed repatriation tax on accumulated foreign subsidiaries’ previously untaxed
foreign earnings. Since the Company’s foreign subsidiary has historically realized net losses, we believe that the Company
is not subject to the Transition Tax. The
Tax Act also imposed a global intangible low-taxed income tax (“GILTI”), which is a new tax on certain off-shore earnings
at an effective rate of 10.5% for tax years beginning after December 31, 2017 (increasing to 13.125% for tax years beginning after
December 31, 2025) with a partial offset for foreign tax credits. We are still evaluating the impacts of the GILTI tax. |
| Foreign Currency Translation | Foreign
Currency Translation The
Company translates the foreign currency financial statements into US Dollars using the year or reporting period end or average
exchange rates in accordance with the requirements of ASC subtopic 830-10, Foreign Currency Matters (“ASC 830-10”). Assets
and liabilities are translated at exchange rates as of the balance sheet date. Revenues and expenses are translated at average
rates in effect for the periods presented. The cumulative translation adjustment is included in the accumulated other comprehensive
gain (loss) within shareholders’ equity (deficit).
September 30, 2018 March 31, 2018 September 30, 2017
Period-end
spot rate US$1=INR 73.3652 US$1=INR 65.0792 US$1=INR 65.2850
Average rate US$1=INR 71.0376 US$1=INR 66.6880 US$1=INR 65.0729 |
| Fair Value of Financial Instruments | Fair
Value of Financial Instruments ASC
825-10 requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that
would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the
measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires
entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used
to measure fair value are as follows:
Level 1 - Quoted prices in active markets for
identical assets and liabilities.
Level 2 - Quoted prices in active markets for
similar assets and liabilities, or other inputs that are observable for the asset or liability, either directly or indirectly,
for substantially the full term of the financial instrument.
Level 3 - Unobservable inputs that are supported
by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain
pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The
Company considers the recorded value of its financial assets and liabilities, which consist primarily of cash, accounts receivable,
other current assets, and other current liabilities to approximate the fair value of the respective assets and liabilities at
September 30, 2018 and March 31, 2018 based upon the short-term nature of these assets and liabilities. |
