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INCOME TAXES
 3 Months Ended
Apr. 30, 2013
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]
6. INCOME TAXES
 
The Company accounts for income taxes in accordance with 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:
 
 
 
April 30,
2013
 
January 31,
2013
 
Federal income tax benefit attributed to:
 
 
 
 
 
 
 
Net operating loss
 
 
31,617
 
 
21,661
 
Valuation
 
 
(31,617)
 
 
(5,164)
 
Net benefit
 
 
-
 
 
-
 
 
The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows:
 
 
 
April 30,
2013
 
January 31,
2013
 
Deferred tax attributed:
 
 
 
 
 
 
 
Net operating loss carryover
 
 
26,224
 
 
21,661
 
Less: change in valuation allowance
 
 
(26,224)
 
 
(5,164)
 
Net deferred tax asset
 
 
-
 
 
-
 
 
At April 30, 2013 the Company had an unused net operating loss carry-forward approximating $92,991 that is available to offset future taxable income; the loss carry-forward will start to expire in 2030.