NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Other Current Assets

Note 6 - Other Current Assets

3 Months Ended

Sep. 30, 2012

Other Assets Disclosure [Text Block]

NOTE 6 - OTHER CURRENT ASSETS

Other current assets consisted of the following:

		As of September 30 2012				As of June 30 2012

Prepaid Expenses		$	591,883			$	596,180
Advance Income Tax			783,874				763,147
Employee Advances			33,773				24,026
Security Deposits			180,066				178,428
Tender Money Receivable			102,112				111,437
Other Receivables			287,176				511,466
Other Assets			378,377				463,618
Total		$	2,357,261			$	2,648,302