Annual report pursuant to Section 13 and 15(d)

Note 6 - Other Current Assets

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Note 6 - Other Current Assets
 12 Months Ended
Jun. 30, 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 June 30,
2014
   
As of June 30,
2013
 
               
Prepaid Expenses
    $ 450,451     $ 559,217  
Advance Income Tax
      918,300       887,893  
Employee Advances
      46,730       43,794  
Security Deposits
      189,905       189,382  
Tender Money Receivable
      81,420       106,398  
Other Receivables
      645,397       222,609  
Other Assets
      430,508       197,915  
Due From Related Party
 (1)     95,168       66,106  
Total
    $ 2,857,879     $ 2,273,314  

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