Note 11 - Investment Under Equity Method (Detail) - Summary of joint venture with the Atheeb Trading Company (USD $)
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9 Months Ended | 12 Months Ended |
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Mar. 31, 2013
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Jun. 30, 2012
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Investment during the period | $ 100,000 | |
Net loss for the year ended | 1,067,007 | (503,303) |
NetSol's share | 534,571 | (252,155) |
Unabsorbed losses brought forward | (3,657) | (51,731) |
Total Income/loss | 530,914 | (303,886) |
Loss adjusted against investment | 530,914 | (100,000) |
Loss adjusted against advance to investee | (200,000) | |
Net book value | $ 530,914 |
X | ||||||||||
- Definition
Additional cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. No definition available.
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X | ||||||||||
- Definition
Ownership share in joint venture. No definition available.
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X | ||||||||||
- Definition
Loss adjusted against advance to investee No definition available.
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X | ||||||||||
- Definition
Loss adjustment related to joint venture. No definition available.
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X | ||||||||||
- Definition
The net book value of joint venture. No definition available.
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X | ||||||||||
- Definition
Net income or loss incurred with joint venture. No definition available.
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X | ||||||||||
- Definition
The net income or loss related to joint venture. No definition available.
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X | ||||||||||
- Definition
Unabsorbed losses brought forward. No definition available.
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