Income Taxes (Tables)

9 Months Ended

Jun. 30, 2015

Income Taxes Tables

Summary of expected income tax expense (benefit) and the actual tax expense (benefit)

The difference between the expected income tax expense (benefit) and the actual tax expense (benefit) computed by using the Federal statutory rate of 34% is as follows:

	For Nine Months Ended June 30,
	2015			2014
Expected income tax benefit at statutory rate of 34%	$	31,800		$	53,623
Change in valuation allowance		(31,800	)		(53,623	)
Income tax expense (benefit)	$	-		$	-

Summary of Deferred tax assets and liabilities

Deferred tax assets and liabilities are provided for significant income and expense items recognized in different years for tax and financial reporting purposes. Temporary differences, which give rise to a net deferred tax asset, are as follows:

Deferred tax assets:	June 30, 2015			September 30, 2014
Tax benefit of net operating loss carry-forward	$	191,000		$	166,000
Book and tax difference for amortization of intangibles		29,000			22,200
Less: valuation allowance		220,000	)		(188,200	)
Net deferred tax asset	$	-		$	-