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

Annual report pursuant to Section 13 and 15(d)

Note 7 - Other Current Assets

Note 7 - Other Current Assets

12 Months Ended

Jun. 30, 2013

Disclosure Text Block Supplement [Abstract]

Other Assets Disclosure [Text Block]

NOTE 7 – OTHER CURRENT ASSETS

Other current assets consisted of the following:

		As of June 30, 2013				As of June 30, 2012

Prepaid Expenses		$	559,217			$	596,180
Advance Income Tax			887,893				763,147
Employee Advances			43,794				24,026
Security Deposits			189,382				178,428
Tender Money Receivable			106,398				111,437
Other Receivables			222,609				511,466
Other Assets			197,915				463,618
Due From Related Party			66,106				-
Total		$	2,273,314			$	2,648,302