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INCOME TAXES (Details 2) (USD $)
Jan. 31, 2014
Jan. 31, 2013
Deferred tax assets:    
Inventories $ 1,545,663 $ 812,054
US tax loss carry-forwards, including work opportunity credit* 233,798 [1] 1,520,142 [1]
Accounts receivable and accrued rebates 125,159 94,877
Accrued compensation and other 183,434 184,214
India reserves - US deduction 613,200 963,524
Equity based compensation 215,872 218,942
Foreign tax credit carry-forward 1,243,519 407,092
State and local carry-forwards 145,528 96,810
Depreciation and other 299,756 246,776
Accrued interest on subordinated debt 101,349 0
Deferred tax asset 4,707,278 4,544,431
Less valuation allowance 0 (4,544,431)
Net deferred tax asset $ 4,707,278 $ 0
[1] The federal net operating loss (“NOL”) that is left after FY14 will expire after 1/31/2033 (20 years from the generated date of 1/31/2013). The credits will begin to expire after 1/31/2030 (20 years from the 1st carryover year generated date of 1/31/2010) and will fully expire after 1/31/2033.