Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Other Current Assets

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Note 6 - Other Current Assets
 9 Months Ended
Mar. 31, 2014
Disclosure Text Block Supplement [Abstract]  
Other Assets Disclosure [Text Block]
NOTE 6 - OTHER CURRENT ASSETS

Other current assets consisted of the following:

   
As of March 31,
2014
   
As of June 30,
2013
 
             
 Prepaid Expenses
  $ 770,812     $ 559,217  
 Advance Income Tax
    804,966       887,893  
 Employee Advances
    61,891       43,794  
 Security Deposits
    203,957       189,382  
 Tender Money Receivable
    80,194       106,398  
 Other Receivables
    813,470       222,609  
 Other Assets
    235,412       197,915  
 Due From Related Party (1)     46,868       66,106  
     Total
  $ 3,017,570     $ 2,273,314  

(1) Due from related party as of March 31, 2014 and June 30, 2013 is a receivable from Atheeb NetSol Saudi Company Limited.