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EXCEL - IDEA: XBRL DOCUMENT - Inception Technology Group, Inc.Financial_Report.xls
10-K - FORM 10-K ANNUAL REPORT FOR 09-30-2012 - Inception Technology Group, Inc.form_10-k.htm
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EX-32 - SECTION 906 CERTIFICATIONS BY PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER - Inception Technology Group, Inc.ex_32-2.htm
EX-32 - SECTION 906 CERTIFICATIONS BY PRINCIPAL EXECUTIVE OFFICER - Inception Technology Group, Inc.ex_32-1.htm
EX-31 - RULE 13A-14(A)/15D-14(A) CERTIFICATIONS OF PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER - Inception Technology Group, Inc.ex_31-2.htm
EX-31 - RULE 13A-14(A)/15D-14(A) CERTIFICATIONS OF PRINCIPAL EXECUTIVE OFFICER - Inception Technology Group, Inc.ex_31-1.htm
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INCOME TAXES
12 Months Ended
Sep. 30, 2012
INCOME TAXES [Abstract]  
INCOME TAXES

NOTE 4. INCOME TAXES


The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. For the period September 13, 2011 (date of inception) through September 30, 2012, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates. The deferred tax asset has been off-set by an equal valuation allowance.