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Income Taxes (Tables)
6 Months Ended
Dec. 31, 2024
Income Taxes [Abstract]  
Schedule of Income Tax Expenses

The Company’s income tax expenses for three and six months ended December 31, 2024 and 2023 are as follows:

 

    For the three months Ended December 31    For the six months Ended December 31 
    2024    2023    2024    2023 
Current                    
U.S.  $-   $-   $-   $- 
PRC   
-
    
-
    
-
    
-
 
Total income tax expenses  $
-
    
-
   $
-
   $
-
 
Schedule of Deferred Tax Assets

The Company’s deferred tax assets are comprised of the following:

 

   December 31,
2024
   June 30,
2024
 
Allowance for credit losses        
U.S.  $1,212,000   $1,212,000 
PRC   1,642,000    1,649,000 
           
Net operating loss          
U.S.   9,033,000    9,920,000 
PRC   1,459,000    1,515,000 
Total deferred tax assets   13,346,000    14,296,000 
Valuation allowance   (13,346,000)   (14,296,000)
Deferred tax assets, net - long-term  $
-
   $
-
 
Schedule of Taxes Payable

The Company’s taxes payable consists of the following:

 

   December 31,   June 30, 
   2024   2024 
VAT tax payable  $1,027,853   $1,030,363 
Corporate income tax payable   2,113,184    2,121,724 
Others   138,349    54,806 
Total  $3,279,386   $3,206,893