INCOME TAXES (Tables)

6 Months Ended

Jul. 31, 2022

Income Tax Disclosure [Abstract]

components of provision for income taxes

The components of provision for income taxes are:

		July 31, 2022		January 31, 2022
Income taxes (payable)/receivable currently:
Federal	$	(38,640)	$	(210,923)
State		(800)		-
Total income taxes payable currently		(39,440)		(210,923)
Deferred income tax
Federal
Deferred tax benefit (liability) – end of period/year		(11,408)		(6,181)
Valuation allowance		-		-
Total deferred tax benefit (liability) – end of period/year		(11,408)		(6,181)
Deferred tax benefit (liability) – beginning of period/year		(6,181)		93,929
Valuation allowance		-		(93,929)
Total deferred tax benefit (liability) – beginning of period/year		(6,181)		-
Total federal deferred tax benefit (liability)		(5,227)		(6,181)
State
Deferred tax benefit (liability) – end of period/year	$	-		-
Deferred tax benefit (liability) – beginning of period/year		-		-
Total state deferred tax benefit (liability)		-		-

Total deferred tax income (expense)		(5,227)	(6,181)
Provision for income tax benefit (expense)	$	(44,667)	(217,104)
Deferred tax asset (liability) - long-term	$	(11,408)	(6,181)