OTHER RECEIVABLE |
12 Months Ended |
|---|---|
Sep. 30, 2024 | |
| Receivables [Abstract] | |
| OTHER RECEIVABLE | NOTE 12 – OTHER RECEIVABLE
As of September 30, 2024, the balance of Other Receivables includes $89,864 related to a research and development (R&D) tax incentive received from the Australian government. This amount represents a refundable tax offset under the Australian R&D Tax Incentive program, based on eligible R&D expenditures incurred during the relevant period.
During the fiscal year, the Company entered into an arrangement with a third-party financing provider that advanced funds to the Company based on the anticipated rebate. Upon receipt of the rebate from the Australian Taxation Office in October 2024, the financing provider deducted its fees and remitted the net proceeds to the Company. The amount recorded in Other Receivables represents the net funds received after the deduction of financing and processing fees.
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