INCOME TAX (Tables)
|
9 Months Ended |
12 Months Ended |
Mar. 31, 2026 |
Jun. 30, 2026 |
| Income Tax Disclosure [Abstract] |
|
|
| SCHEDULE OF LOCAL AND FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES |
For
the nine months ended March 31, 2026 and 2025, the local (US) and foreign components of loss before income
taxes consisted of the following:
SCHEDULE
OF LOCAL AND FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES
| | |
2026 | | |
2025 | |
| | |
Nine months ended March 31, | |
| | |
2026 | | |
2025 | |
| Tax jurisdiction from: | |
| | | |
| | |
| - Local (US regime) | |
$ | (2,384,348 | ) | |
$ | (3,424,317 | ) |
| - Foreign, including | |
| | | |
| | |
| British Virgin Islands | |
| 204,556 | | |
| 237,051 | |
| Malaysia | |
| (207,511 | ) | |
| (296,259 | ) |
| Labuan, Malaysia | |
| 20,603 | | |
| (2,469 | ) |
| Tax jurisdiction foreign | |
| 20,603 | | |
| (2,469 | ) |
| | |
| | | |
| | |
|
For
the years ended June 30, 2025, and 2024, the local (“United States of America”) and foreign components of loss before income
taxes were comprised of the following:
SCHEDULE OF LOCAL AND FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES
| | |
2025 | | |
2024 | |
| | |
Years ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Tax jurisdiction from: | |
| | | |
| | |
| - Local (US regime) | |
$ | (4,845,138 | ) | |
$ | (2,444,654 | ) |
| - Foreign, including | |
| | | |
| | |
| British Virgin Island | |
| 472,865 | | |
| (160,538 | ) |
| Malaysia | |
| (398,431 | ) | |
| (578,231 | ) |
| Labuan, Malaysia | |
| (12,309 | ) | |
| (4,239 | ) |
| Tax jurisdiction foreign | |
| (12,309 | ) | |
| (4,239 | ) |
| | |
| | | |
| | |
|
| SCHEDULE OF PROVISION FOR INCOME TAXES |
The
provision for income taxes consisted of the following:
SCHEDULE
OF PROVISION FOR INCOME TAXES
| | |
2026 | | |
2025 | |
| | |
Nine months ended March 31, | |
| | |
2026 | | |
2025 | |
| Current tax: | |
| | | |
| | |
| - Local | |
$ | - | | |
$ | - | |
| - Foreign | |
| - | | |
| - | |
| | |
| | | |
| | |
| Deferred tax | |
| | | |
| | |
| - Local | |
| - | | |
| - | |
| - Foreign | |
| - | | |
| - | |
| | |
| | | |
| | |
| Income tax expense (benefit) | |
$ | - | | |
$ | - | |
|
The
provision for income taxes consisted of the following:
SCHEDULE OF PROVISION FOR INCOME TAXES
| | |
2025 | | |
2024 | |
| | |
Years ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Current tax: | |
$ | - | | |
$ | - | |
| - Local | |
| - | | |
| - | |
| - Foreign | |
| - | | |
| - | |
| | |
| | | |
| | |
| Deferred tax | |
| | | |
| | |
| - Local | |
| - | | |
| - | |
| - Foreign | |
| - | | |
| - | |
| | |
| | | |
| | |
| Income tax expense (benefit) | |
$ | - | | |
$ | - | |
|
| SCHEDULE OF INCOME TAX RATE AND TAX PROVISION |
SCHEDULE
OF INCOME TAX RATE AND TAX PROVISION
| | |
2026 | | |
2025 | |
| | |
Nine months ended March 31, | |
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Loss before income taxes | |
$ | (207,511 | ) | |
$ | (296,259 | ) |
| Statutory income tax rate | |
| 24 | % | |
| 24 | % |
| Income tax expense at statutory rate | |
| (49,803 | ) | |
| (71,102 | ) |
| Non-deductible items | |
| 40,749 | | |
| 42,987 | |
| Tax losses unable to be carried forward | |
| (4,945 | ) | |
| 593 | |
| Valuation allowance | |
| 13,999 | | |
| 27,522 | |
| Income tax expense | |
$ | - | | |
$ | - | |
|
SCHEDULE OF INCOME TAX RATE AND TAX PROVISION
| | |
2025 | | |
2024 | |
| | |
Years ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Loss before income taxes | |
$ | (398,431 | ) | |
$ | (578,231 | ) |
| Statutory income tax rate | |
| 24 | % | |
| 24 | % |
| Income tax expense at statutory rate | |
| (95,623 | ) | |
| (138,775 | ) |
| Non-deductible items | |
| 50,953 | | |
| 47,265 | |
| Tax losses unable to be carried forward | |
| 2,954 | | |
| 1,017 | |
| Valuation allowance | |
| 41,716 | | |
| 90,493 | |
| Income tax expense | |
$ | - | | |
$ | - | |
|
| SCHEDULE OF DEFERRED TAX ASSETS |
The
following table sets forth the significant components of the deferred tax assets of the Company:
SCHEDULE
OF DEFERRED TAX ASSETS
| | |
March 31, 2026 | | |
June 30, 2025 | |
| | |
| | |
| |
| Deferred tax assets: | |
| | | |
| | |
| Net operating loss carryforwards, from | |
| | | |
| | |
| US tax regime | |
$ | 2,403,068 | | |
$ | 2,090,051 | |
| Malaysia tax regime | |
| 259,025 | | |
| 249,972 | |
| Net operating loss carryforwards | |
| 259,025 | | |
| 249,972 | |
| Less: valuation allowance | |
| (2,662,093 | ) | |
| (2,340,023 | ) |
| Deferred tax assets, net | |
$ | - | | |
$ | - | |
|
The
following table sets forth the significant components of the deferred tax assets of the Company:
SCHEDULE OF DEFERRED TAX ASSETS
| | |
2025 | | |
2024 | |
| | |
As of June 30, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Deferred tax assets: | |
| | | |
| | |
| Net operating loss carry forwards, from | |
| | | |
| | |
| US tax regime | |
$ | 2,090,051 | | |
$ | 1,439,384 | |
| Malaysia tax regime | |
| 249,972 | | |
| 205,026 | |
| Net operating loss carryforwards | |
| 249,972 | | |
| 205,026 | |
| Less: valuation allowance | |
| (2,340,023 | ) | |
| (1,644,410 | ) |
| Deferred tax assets, net | |
$ | - | | |
$ | - | |
|