NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Details Narrative)

v3.7.0.1

Commitments and Contingencies (Details Narrative)		12 Months Ended
Commitments and Contingencies (Details Narrative)	Jun. 15, 2016 USD ($)	Jun. 30, 2017 USD ($) ft²	Jun. 30, 2017 GBP (£) ft²	Jun. 30, 2016 USD ($)
Rentable square feet area \| ft²		7,210	7,210
Monthly rental payments		$ 23,812
Security deposit included in other assets		$ 23,821
Operating lease terms		5 years 5 months	5 years 5 months
Expiry date of lease		Oct. 31, 2017	Oct. 31, 2017
Operating lease rent expense		$ 1,887,840		$ 1,529,618
Damages Sought, Value		260,000
Counsel fee and expense	$ 175,000
GBP [Member]
Damages Sought, Value \| £			£ 200,000
Australia [Member]
Monthly rental payments		$ 5,296
Operating lease terms		3 years	3 years
Lease expiration date		June 2018	June 2018
Beijing [Member]
Monthly rental payments		$ 32,427
Operating lease terms		3 years	3 years
Lease expiration date		August 2019	August 2019
Bangkok [Member]
Monthly rental payments		$ 9,303
Operating lease terms		3 years	3 years
Lease expiration date		May 2020	May 2020
NetSol Europe [Member]
Monthly rental payments		$ 10,353
Expiry date of lease		Jun. 23, 2021	Jun. 23, 2021
VLS facilities [Member]
Monthly rental payments		$ 3,082
Lease expiration date		July 2026	July 2026

- Definition

Lease expiration date.

+ References

No definition available.

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- Definition

Rentable square feet area.

+ References

No definition available.

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- Definition

The amount of securities on deposit with clearing organizations and other entities which provide services necessary to operations of the Company. This item would include, for instance, securities advanced as refundable collateral for securities borrowed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.8,17)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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- Definition

Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

No definition available.

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- Definition

Date which lease or group of leases is set to expire, in CCYY-MM-DD format.

+ References

No definition available.

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- Definition

Term of the lessor's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

No definition available.

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- Definition

Amount of litigation expense, including but not limited to legal, forensic, accounting, and investigative fees.

+ References

No definition available.

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- Definition

The value (monetary amount) of the award the plaintiff seeks in the legal matter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14326-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14557-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14435-108349

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- Definition

The amount of the monthly rental payments due under the lease entered into in connection with the transactions involving the sale of property to another party and the lease of the property back to the seller.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=77913982&loc=d3e50796-112755

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