XML 40 R29.htm IDEA: XBRL DOCUMENT v3.4.0.3
Goodwill (Tables)
 9 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill Acquired

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     As of  
    March 31, 2016     June 30, 2015  
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