Annual report pursuant to Section 13 and 15(d)

DEFERRED INCOME TAXES (Tables)

v3.23.4
DEFERRED INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2023
Income Tax Disclosure [Abstract]  
Schedule of deferred income tax assets
Schedule of deferred income tax assets            
    September 30, 2023     September 30, 2022  
Depreciation   $ 1,750     $ 2,842  
Allowance for credit losses     40,717       15,880  
Net operating loss carryforward     3,449,013       3,493,201  
Net deferred income tax asset     3,491,480       3,511,923  
Less: valuation allowance     (3,491,480 )     (3,511,923 )
Total deferred income tax assets   $ -     $ -  
Schedule of income tax rate as a percentage
Schedule of income tax rate as a percentage            
    September 30, 2023     September 30, 2022  
             
Federal statutory taxes   $ 11,224     $ 79,558  
State income taxes, net of federal benefit     3,111       22,049  
Change in tax estimates     26,586       850  
Less: Valuation allowance, non-deductible items     3,267       2,100  
Change in valuation allowance     (44,188 )     (104,557 )
    $ -0-     $ -0-  

 

    September 30, 2023     September 30, 2022  
             
Federal statutory Income tax rate     21.00 %     21.00 %
State taxes, net of federal benefit     4.35 %     4.35 %
Effective rate of deferred tax asset     25.35 %     25.35 %
Less: Valuation allowance     (25.35 %)     (25.35 %)
Effective income tax rate     0.00 %     0.00 %