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Goodwill | 6 Months Ended
--- | ---
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | NOTE 9 – GOODWILL Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in businesses combinations. Goodwill was comprised of the following amounts:
|  | As of December 31, 2014 |  |  | As of June 30, 2014 |
NetSol PK |  | $ | 1,166,610 |  |  | $ | 1,166,610 |
NTE |  |  | 3,471,814 |  |  |  | 3,471,814 |
VLS |  |  | 214,044 |  |  |  | 214,044 |
NTA |  |  | 4,664,100 |  |  |  | 4,664,100 |
Total |  | $ | 9,516,568 |  |  | $ | 9,516,568 |
The Company tests for goodwill impairment at each reporting unit. There was no goodwill impairment for the period ended December 31, 2014.

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