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INCOME TAXES
 9 Months Ended
Oct. 31, 2012
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

5. INCOME TAXES

 

The Company follows ASC 740. Deferred income taxes reflect the net effect of (a) temporary difference between carrying amounts of assets and liabilities for financial purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry-forwards. No net provision for refundable Federal income tax has been made in the accompanying statement of loss because no recoverable taxes were paid previously. Similarly, no deferred tax asset attributable to the net operating loss carry-forward has been recognized, as it is not deemed likely to be realized.

 

The provision for refundable federal income tax consists of the following for the periods ending:

                 
                 
      October 31, 2012       January 31, 2012  
                 
Federal income tax benefit attributed to:                
                 
Net operating loss     23,613       5,309  
                 
Valuation     (23,613 )     (5,309 )
                 
Net benefit     -       -  
                 
The cumulative tax effect at the expected rate of 34% of significant
items comprising our net deferred tax amount is as follows:		     October 31, 2012       January 31, 2012  
               
Deferred tax attributed:     28,872       5,309  
                 
Net operating loss carryover     (28,872 )     (5,309 )
                 
Less: change in valuation allowance                
                 
Net deferred tax asset     -       -  
                 

 

 At October 31, 2012, the Company had an unused net operating loss carry-forward approximating $84,916 that is available to offset future taxable income; the loss carry-forward will start to expire in 2030.