XML 67 R55.htm IDEA: XBRL DOCUMENT v3.25.3
TAXATION (Tables)
9 Months Ended
Sep. 30, 2025
TAXATION  
Schedule of income tax provision

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

Current provision

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the period

 

$66,760

 

 

$97,623

 

 

 

196,858

 

 

 

193,269

 

Prior periods

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total current provision

 

 

66,760

 

 

 

97,623

 

 

 

196,858

 

 

 

193,269

 

Deferred provision

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total provision

 

$66,760

 

 

$97,623

 

 

 

196,858

 

 

 

193,269

 

Schedule of provision for current taxation

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Current provision

 

 

 

 

 

 

 

 

 

 

 

 

Federal

 

$-

 

 

 

-

 

 

 

-

 

 

 

-

 

State

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Foreign

 

 

66,760

 

 

 

97,623

 

 

 

196,858

 

 

 

193,269

 

Total current provision

 

 

66,760

 

 

 

97,623

 

 

 

196,858

 

 

 

193,269

 

Deferred

 

$-

 

 

 

-

 

 

 

-

 

 

 

-

 

State

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Foreign

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total provision

 

 

66,760

 

 

 

97,623

 

 

 

196,858

 

 

 

193,269

 

Schedule of deferred income taxes

 

 

September 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Asset for deferred taxation comprising temporary differences related to:

 

Unaudited

 

 

 

 

 

 

 

 

 

 

 

Unused tax losses

 

$15,230,935

 

 

$15,389,335

 

Provision for doubtful debts

 

 

3,255,539

 

 

 

3,289,396

 

Post employment benefits

 

 

194,048

 

 

 

196,066

 

Provision for stores and spares & stock-in-trade

 

 

4,163

 

 

 

4,207

 

Provision for credit losses of advances and other receivables

 

 

279,244

 

 

 

282,148

 

Valuation allowance

 

 

(3,970,606 )

 

 

(4,011,889 )

 

 

 

14,993,323

 

 

 

15,149,252

 

Liability for deferred taxation comprising temporary differences on other liabilities

 

 

(6,612,106 )

 

 

(6,680,872 )

Deferred tax asset

 

$8,381,217

 

 

$8,468,381