Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets

v2.4.1.9
Other Current Assets
 9 Months Ended
Mar. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets

NOTE 6 – OTHER CURRENT ASSETS

 

Other current assets consisted of the following:

 

    As of     As of  
    March 31, 2015     June 30, 2014  
             
Prepaid Expenses   $ 682,731     $ 450,451  
Advance Income Tax     896,206       918,300  
Employee Advances     40,638       46,730  
Security Deposits     151,777       189,905  
Tender Money Receivable     26,592       81,420  
Other Receivables     318,970       645,397  
Other Assets     398,240       430,508  
Due From Related Party (1)     -       95,168  
Total   $ 2,515,154     $ 2,857,879  

 

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