Annual report pursuant to Section 13 and 15(d)

Note 10 - Investment Under Equity Method (Tables)

v2.4.0.8
Note 10 - Investment Under Equity Method (Tables)
 12 Months Ended
Jun. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Schedule Of Joint Venture [Table Text Block]
Net book value at June 30, 2012
  $ -  
Investment during the period
    -  
Net income for the year ended June 30, 2013
    1,096,086  
NetSol's share (50.1%)
    549,140  
Unabsorbed losses brought forward
    (3,657 )
Total income
    545,483  
Income adjusted against investment
    545,483  
Net book value at June 30, 2013
  $ 545,483  
Investment during the period
    -  
Net loss for the year ended June 30, 2014
    (1,072,535 )
Net loss applicable to NetSol
    (545,483 )
Total loss
    (545,483 )
Loss adjusted against investment
    (545,483 )
Net book value at June 30, 2014
  $ -