INCOME TAXES (Tables)

9 Months Ended

Jun. 30, 2013

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The reconciliation of the U.S. statutory income tax rate to the Company’s effective income tax rate is as follows :

	Three months ended June 30,				Nine Months Ended June 30,
	2013		2012		2013		2012

Income tax at USA statutory rate (34%)	$	(53,539)	$	38,420	$	(268,030)	$	(282,323)
Foreign rate differential		17,514		(24,295)		112,954		178,528
Expenses not deductible for tax (share-based payment)		23,971		19,770		85,349		57,874
Others		12,054		(30,285)		69,727		(382,257)

Income tax expenses (credit)	$	-	$	3,610	$	-	$	(428,178)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The primary components of temporary differences which might give rise to the Company’s deferred tax assets as of June 30, 2013 and September 30, 2012 were as follows:

	As of
	June 30, 2013		September 30, 2012

Balance	$	157,063	$	54,865

USA		-		-
Hong Kong		10,578		37,002
PRC		59,149		65,196
		226,790		157,063
Less: valuation allowance		(226,790)		(157,063)
Deferred income tax benefit, net of valuation allowance	$	-	$	-

Schedule Of Components Of Income Tax Payable [Table Text Block]

Income tax payable in the Consolidated Balance Sheets is comprised as follows:

	June 30, 2013		September 30, 2012
Balance brought forward	$	-	$	(263,417)
Current tax provision for the year		-		237,055
Tax paid during the year		-		26,362
Balance brought forward	$	-	$	-