INCOME TAX

6 Months Ended

Jan. 31, 2025

Income Tax Disclosure [Abstract]

INCOME TAX

8. INCOME TAX

The income/(loss ) from operation before income taxes of the Company for the six months ended January 31, 2025 and 2024 were comprised of the following:

	For the six months ended January 31
	2025		2024
Tax jurisdictions from:
– Local	$	822	$	(12,113	)
Loss before income taxes	$	822	$	(12,113	)

United States of America

The Tax Act reduces the U.S. statutory corporate tax rate from 35% to 21% for our tax years beginning in 2018, which resulted in the re-measurement of the federal portion of our deferred tax assets from the 35% to 21% tax rate. The Company is registered in the State of Nevada and is subject to United States of America tax law. As of January 31, 2025, the operations in the United States of America incurred $57,074 of cumulative net operating losses (NOL’s) which can be carried forward to offset future taxable income. The NOL carryforwards begin to expire in 2042, if unutilized. The Company has provided for a full valuation allowance of approximately $11,986 against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.

The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of January 31, 2025 and July 31, 2024:

	As of			As of
	January 31, 2025			July 31, 2024
Deferred tax assets:
Net operating loss carryforwards
– United States of America	$	11,986		$	12,158
Less: valuation allowance		(11,986	)		(12,158	)
Deferred tax assets	$	-		$	-

Management believes that it is more likely than not that the deferred tax assets will not be fully realizable in the future. Accordingly, the Company provided for a full valuation allowance against its deferred tax assets of $11,986 as of January 31, 2025.