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INCOME TAX | 12 Months Ended
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Jun. 30, 2013
Income Tax Disclosure [Abstract] |
Income Tax Disclosure [Text Block] | NOTE 15. INCOME TAX The Company is not subject to any income taxes in the United States or the Cayman Islands and had minimal operations in jurisdictions other than the PRC. BHD and Nanjing Recon are subject to PRC’s income taxes as PRC domestic companies. The Company follows Implementing Rules for the Enterprise Income Tax Law (“Implementing Rules”), which took effect on January 1, 2008 and unified the income tax rate for domestic-invested and foreign-invested enterprises at 25%. The Company reapplied for high-technology enterprise approval and has passed all relevant reviews. Thus, for the calendar years 2012 and 2013, Nanjing Recon is subject to an income tax rate of 15%. As approved by the domestic tax authority in the PRC, BHD was recognized as a government-certified high technology company on November 25, 2009 and is subject to an income tax rate of 15% through November 2015. Deferred tax asset is comprised of the following:
|  | June 30, 2012 |  | June 30, 2013 |  | June 30, 2013 |
|  | RMB |  | RMB |  | U.S. Dollars |
Allowance for doubtful accounts |  | ¥ | 1,106,801 |  | ¥ | 1,006,721 |  | $ | 162,684 |
Total deferred income tax assets |  | ¥ | 1,106,801 |  | ¥ | 1,006,721 |  | $ | 162,684 |
Following is a reconciliation of income tax at the effective rate to income tax at the calculated statutory rates:
|  |  | For the year ended June 30, 2012 |  |  | For the year ended June 30, 2013 |  |  | For the year ended June 30, 2013
|  |  | RMB |  |  | RMB |  |  | U.S. Dollars
Income tax calculated at statutory rates |  | ¥ | 901,687 |  | ¥ | 1,685,434 |  | $ | 272,362
Nondeductible expenses (non-taxable income) |  |  | 905,429 |  |  | (187,280) |  |  | (30,264)
Benefit of favorable rate for high-technology companies |  |  | (245,205) |  |  | (116,335) |  |  | (18,799)
Benefit of revenue exempted from enterprise income tax |  |  | (1,194,103) |  |  | (1,207,316) |  |  | (195,100)
Deferred income taxes provision |  |  | - |  |  | 12,288 |  |  | 1,986
Deferred income tax (benefit) |  |  | (587,858) |  |  | 100,080 |  |  | 16,173
Provision for income tax |  | ¥ | (220,050) |  | ¥ | 286,871 |  | $ | 46,358
|  | For the years ended June 30, |
|  | 2012 |  | 2013 |  | 2013 |
|  | RMB |  | RMB |  | U.S. Dollars |
Current income tax provision |  | ¥ | 367,808 |  | ¥ | 186,791 |  | $ | 30,185 |
Deferred income taxes (benefit)/provision |  |  | (587,858) |  |  | 100,080 |  |  | 16,173 |
Provision for income tax |  | ¥ | (220,050) |  | ¥ | 286,871 |  | $ | 46,358 |

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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