Company: DKI
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001641172-25-021310
Chunk: 221

Company: DarkIris Inc.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 221
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 | 99,946 |

A reconciliation of the Company’s Hong Kong (“HK”) statutory tax rate to the effective income tax rate during the periods is as follows:

|                                               |     | For the Six Months Ended March 31, |      |    |     |            |      |    |
|                                               |     |                               2025 |      |    |     |       2024 |      |    |
|                                               |     |                         -unaudited |      |    |     | -unaudited |      |    |
| Income tax expense with HK statutory tax rate |     |                                    | 16.5 | %  |     |            | 16.5 | %  |
| Tax effect of preferential tax treatments     |     |                                    | (2.7 | %) |     |            | (2.7 | %) |
| Change of valuation allowance                 |     |                                    | (1.2 | %) |     |            | (1.2 | %) |
| Effective income tax rate                     |     |                                    | 12.6 | %  |     |            | 12.6 | %  |

| F-17 |

Deferred tax liabilities and assets attributable to different tax jurisdictions are not offset. Components of deferred tax assets and liabilities were as follows:

| Deferred tax assets:                      |     | As of     
 March 31, 
 2025      | (unaudited) |   |     | As of         
 September 30, 
 2024          |          |   |
|:------------------------------------------|:----|:----------|------------:|:--|:----|:--------------|---------:|:--|
| Net operating loss carryforwards          |     | $         |     777,926 |   |     | $             |  964,969 |   |
| Valuation allowance on net operating loss |     |           |    (777,926 | ) |     |               | (964,969 | ) |
| Total                                     |     |           |           - |   |     |               |        - |   |

The Company’s PRC subsidiary had cumulative net operating loss of approximately $3.1 million and $3.9 million as of March 31, 2025 and September 30, 2024, respectively, which may be available for reducing future taxable income.

As of each reporting date, management considers evidence, both positive and negative, that could affect its view