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(4) PREPAID EXPENSES AND OTHER CURRENT ASSETS
Prepaid expenses and other current assets consist of the following:
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March 31,
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2011
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2012
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RMB
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RMB
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|
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Prepaid business tax
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481,688
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|
287,925
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|
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Income tax receivable
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—
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4,934,777
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|
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Deferred income tax assets (note 10)
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5,494,322
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|
4,233,996
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|
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Advances to employees
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1,417,299
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1,090,425
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|
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Other current assets
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2,643,036
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5,135,612
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Total prepaid expenses and other current assets
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|
10,036,345
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|
15,682,735
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