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INCOME TAX
 6 Months Ended
May 31, 2025
Income Tax Disclosure [Abstract]  
INCOME TAX

10. INCOME TAX

 

The loss from operation before income taxes of the Company for the six months ended May 31, 2025 and May 31, 2024 were comprised of the following:

 

  

For the six

months ended

May 31, 2025

  

For the six

months ended

May 31, 2024

 
Tax jurisdictions from:          
– Local  $(21,827)   (7,298)
           
Foreign, representing          
– Malaysia   -    - 
Loss from operation before income tax  $(21,827)  $(7,298)

 

United States of America

 

The Tax Act reduces the U.S. statutory corporate tax rate from 35% to 21% for our tax years beginning in 2018, which resulted in the re-measurement of the federal portion of our deferred tax assets from the 35% to 21% tax rate. The Company is registered in the State of Nevada and is subject to United States of America tax law. As of May 31, 2025, the operations in the United States of America incurred $65,780 of cumulative net operating losses (NOL’s) which can be carried forward to offset future taxable income. The NOL carryforwards begin to expire in 2045, if unutilized. The Company has provided for a full valuation allowance of approximately $13,814 against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.

 

   As of
May 31, 2025		  

As of
November 30, 2024

 
Deferred tax assets:          
           
Net operating loss carryforwards          
– United States of America  $13,814   $9,236 
– Malaysia   -    114 
Less: valuation allowance   (13,814)   (9,350)
Deferred tax assets  $-   $- 

 

Management believes that it is more likely than not that the deferred tax assets will not be fully realizable in the future. Accordingly, the Company provided for a full valuation allowance against its deferred tax assets of $13,814 as of May 31, 2025.