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Income Taxes (Tables)
6 Months Ended
Mar. 31, 2022
Business  
Schedule Of Income Tax Domestic And Foreign

The Company's provision (benefit) for income taxes was as follows:

 

 

03/31/2022

 

 

09/30/2021

 

Current

 

 

 

 

 

 

Federal

 

$-

 

 

$-

 

State

 

 

-

 

 

 

-

 

Foreign

 

 

-

 

 

 

-

 

 

 

 

-

 

 

 

-

 

Deferred

 

 

 

 

 

 

 

 

Federal

 

 

(13,128)

 

 

(17,844)

State

 

 

(1,875)

 

 

(2,458)

 

 

 

 

 

 

 

 

 

Total

 

$(15,004)

 

$(20,302)

 

 

 

 

 

 

 

 

 

The income tax provision differs from the amount of tax determined by applying the Federal statutory rate as follows:

 

 

 

 

 

 

 

 

 

 

 

03/31/2022

 

 

09/30/2021

 

Income tax provision at statutory rate:

 

$(15,004)

 

$(20,302)

Increase (decrease) in income tax due to:

 

 

 

 

 

 

 

 

Change in Valuation Allowance

 

 

15,004

 

 

 

20,302

 

 

 

$-

 

 

$-

 

Schedule Of Deferred Tax Assets And Liabilities

Net deferred tax assets and liabilities were comprised of the following:

 

 

 

 

 

 

 

 

 

 

 

03/31/2022

 

 

09/30/2021

 

Long-term deferred tax assets (liabilities)

 

 

 

 

 

 

 

 

Net Operating Loss

 

$(627,257)

 

$612,253

 

Valuation Allowance

 

 

627,257

 

 

 

(612,253)

 

 

$-

 

 

$-