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

6 Months Ended

Dec. 31, 2011

Other Assets Disclosure [Text Block]

NOTE 6 - OTHER CURRENT ASSETS

Other current assets consisted of the following:

		As of December 31				As of June 30
		2011				2011

Prepaid Expenses		$	204,624			$	245,194
Advance Income Tax			700,405				726,979
Employee Advances			53,750				53,404
Security Deposits			193,206				161,263
Tender Money Receivable			136,328				133,166
Other Receivables			534,451				535,597
Other Assets			321,267				198,301
Total		$	2,144,031			$	2,053,904