Annual report [Section 13 and 15(d), not S-K Item 405]

DEFERRED INCOME TAXES (Tables)

v3.25.4
DEFERRED INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of deferred income tax assets
           
    September 30, 2025     September 30, 2024  
Depreciation   $ 5,537     $ 2,407  
Allowance for credit losses     73,702       45,786  
Net operating loss carryforward     3,507,047       3,505,693  
Net deferred income tax asset     3,586,286       3,553,886  
Less: valuation allowance     (3,586,286 )     (3,553,886 )
Total deferred income tax assets   $ -     $ -  
Schedule of income tax rate as a percentage
           
    September 30, 2025     September 30, 2024  
             
Federal statutory taxes   $ (30,605 )   $ (54,003 )
State income taxes, net of federal benefit     (8,482 )     (14,967 )
Change in tax estimates     33,453       7,476  
Less: Valuation allowance, non-deductible items     4,280       4,814  
Change in valuation allowance     1,354       (56,680 )
    $ -0-     $ -0-  

 

             
    September 30, 2025     September 30, 2024  
             
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 %