NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Other Current Assets

Note 6 - Other Current Assets

9 Months Ended

Mar. 31, 2012

Other Assets Disclosure [Text Block]

NOTE 6 - OTHER CURRENT ASSETS

Other current assets consisted of the following:

		As of March 31				As of June 30
		2012				2011

Prepaid Expenses		$	540,669			$	245,194
Advance Income Tax			751,960				726,979
Employee Advances			54,159				53,404
Security Deposits			205,778				161,263
Tender Money Receivable			134,949				133,166
Other Receivables			375,601				535,597
Other Assets			568,244				198,301
Total		$	2,631,360			$	2,053,904