v3.25.1
TAXES (Details Narrative) - USD ($)
9 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2025
Mar. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Pretax income     $ 2,483,911 $ 6,294,947    
Income tax description     the standard enterprise income tax rate for domestic enterprises and foreign invested enterprises is 25%. Kuangre SH was qualified as a high and new technology enterprise (“HNTE”) and was subject to a favorable income tax rate of 15% for the tax year ended December 31, 2021 through December 31, 2024. Kuangre SH’s HNTE certification was valid for three years starting from December 2021 to November 2024. Kuangre SH is subject to corporate income tax at the PRC unified rate of 25% effective January 1, 2025. Haohan CQ is qualified as a HNTE and is subject to a favorable income tax rate of 15%. Haohan CQ’s HNTE certification is valid for three years starting from November 2024 and subject to renewal. In accordance with the implementation rules of the Income Tax Law of the PRC, enterprises newly established in the Western Development Zone within the scope of “preferential catalogue of income tax for key industries encouraged to develop in West area” shall be subject to a favorable income tax rate of 15% from January 1, 2021 to December 31, 2030. Haohan CQ and Fanfengjian CQ are established in the Western Development Zone and they are subject to a favorable income tax rate of 15% to December 31, 2030. The Company’s remaining subsidiaries are subject to corporate income tax at the PRC unified rate of 25%.      
Net operating loss carryforwards $ 13,315,441   $ 13,805,069   $ 13,315,441  
Deferred tax assets from net operating loss carryforwards 2,353,678   2,435,512   2,353,678  
Valuation allowances 2,353,678   2,435,512   2,353,678  
Gamehaus Inc [Member]            
Pretax income         $ 8,721,068 $ 4,015,418
Income tax description         the standard enterprise income tax rate for domestic enterprises and foreign invested enterprises is 25%. Starting from the tax year ended December 23, 2021, Kuangre SH is qualified as a High and New Technology Enterprise (“HNTE”) and is subject to a favorable income tax rate of 15%. Kuangre SH’s HNTE certification is valid for three years starting from December 2021 and subject to renewal. In accordance with the implementation rules of the Income Tax Law of the PRC, enterprises newly established in the Western Development Zone within the scope of “preferential catalogue of income tax for key industries encouraged to develop in West area” shall be subject to a favorable income tax rate of 15% from January 1, 2021 to December 31, 2030. Haohan CQ and Fanfengjian CQ are established in the Western Development Zone and they are subject to a favorable income tax rate of 15% to December 31, 2030. The Company’s remaining subsidiaries are subject to corporate income tax at the PRC unified rate of 25%.  
Net operating loss carryforwards 13,315,441 $ 1,268,811     $ 13,315,441 1,268,811
Deferred tax assets from net operating loss carryforwards 2,353,678 317,203     2,353,678 317,203
Valuation allowances 2,353,678 317,203     2,353,678 317,203
Change in valuation allowance $ 2,552,460 $ 317,203     414,719 (235,240)
SINGAPORE            
Pretax income        
SINGAPORE | Gamehaus Inc [Member]            
Pretax income        
HONG KONG            
Income tax description     the first HK$2 million of profits earned will be taxed at half the current rate (i.e., 8.25%), while the remaining profits will continue to be taxed at the existing 16.5% if revenue is generated in Hong Kong.      
HONG KONG | Gamehaus Inc [Member]            
Income tax description         the first HK$2 million of profits earned will be taxed at half the current rate (i.e., 8.25%), while the remaining profits will continue to be taxed at the existing 16.5% if revenue is generated in Hong Kong.