Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Other Current Assets

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Note 6 - Other Current Assets
 6 Months Ended
Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]  
Other Assets Disclosure [Text Block]
NOTE 6 - OTHER CURRENT ASSETS

Other current assets consisted of the following:

     
As of December 31,
2013
   
As of June 30,
2013
 
               
 Prepaid Expenses
    $ 583,309     $ 559,217  
 Advance Income Tax
      718,626       887,893  
 Employee Advances
      33,883       43,794  
 Security Deposits
      198,172       189,382  
 Tender Money Receivable
      87,127       106,398  
 Other Receivables
      254,804       222,609  
 Other Assets
      287,426       197,915  
 Due From Related Party
(1)     46,868       66,106  
     Total
    $ 2,210,215     $ 2,273,314  
                   

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