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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies (Policies)
Notes Tables
Notes Details

Related Party Transactions (Details Narrative)

v3.8.0.1

Related Party Transactions (Details Narrative) - USD ($)		3 Months Ended		6 Months Ended
	Mar. 02, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Jun. 30, 2017
Services - related party		$ 1,236,508	$ 1,829,827	$ 3,090,385	$ 3,994,981
Accounts receivable, related parties		2,582,403	4,303,380	2,582,403	4,303,380	$ 1,644,942
Percentage of investment in subsidiary	4.90%
Payments for financial interest	$ 1,111,111
NetSol PK [Member]
Services - related party		$ 315,408	300,963	$ 583,708	549,621
Percentage of investment in subsidiary	12.20%
Payments for financial interest	$ 2,777,778
G-Force LLC [Member] \| Chief Executive Officer and Director [Member]
Percentage of investment in subsidiary		4.90%		4.90%
Payments for financial interest				$ 1,111,111
NetSol-Innovation [Member]
Accounts receivable, related parties		$ 2,429,771		2,429,771		1,462,078
NetSol-Innovation [Member]
Services - related party		796,757	1,401,144	1,928,513	2,956,619
Investec Asset Finance [Member]
Services - related party		442,699	$ 115,102	1,043,891	$ 851,787
Accounts receivable, related parties		$ 113,310		$ 113,310		$ 133,218

- Definition

Amount of receivables arising from transactions with related parties due within one year or the normal operating cycle, if longer.

+ References

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The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.

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The cash outflow associated with the acquisition of a controlling interest in another entity or an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment).

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