v3.25.1
Income Tax Provision (Tables)
6 Months Ended
Mar. 31, 2025
Income Tax Provision  
Schedule of income tax provision

 

 

Three Months Ended

 

 

 

March 31,

2025

 

 

March

31,

2024

 

 

 

 

 

 

 

 

Net profit (loss) before income tax

 

$(3,373)

 

$(3,520)

Tax Expense (benefit) at the statutory tax rate

 

 

(708)

 

 

(739)

Tax effect of

 

 

 

 

 

 

 

 

Valuation allowance

 

 

708

 

 

 

739

 

Net operating loss tax assets deduction

 

 

 

 

 

 

-

 

Income tax expense (benefit)

 

$-

 

 

$-

 

Schdule of Components of Deferred Tax Assets

 

 

March 31,

2025

 

 

 September 30,

2024

 

 

 

 

 

 

 

 

Net Deferred Tax Asset Non-Current:

 

 

 

 

 

 

Net Operating Loss Carry-Forward

 

$72,922

 

 

 

65,567

 

Effective tax rate

 

 

21.0%

 

 

21.0%

Expected Income Tax Benefit from NOL Carry-Forward

 

 

15,314

 

 

 

13,769

 

Less: Valuation Allowance

 

 

(15,314)

 

 

(13,769)

Deferred Tax Asset, Net of Valuation Allowance

 

$-

 

 

 

-

 

Reconciliation of the Federal Statutory Income Tax Rate and the Effective Income Tax Rate

 

 

March 31,

2025

 

 

 September 30,

2024

 

 

 

 

 

 

 

 

Federal statutory income tax rate

 

 

21.0%

 

 

21.0%

Increase (reduction) in income tax provision resulting from:

 

 

 

 

 

 

 

 

Net Operating Loss (NOL) carry-forward

 

(21.0

%)

 

(21.0

%)

Effective income tax rate

 

 

0.0%

 

 

0.0%