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Goodwill | 12 Months Ended
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Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | NOTE 12 – GOODWILL Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in prior period business combinations. Goodwill was comprised of the following amounts:
|  | As of June 30, |  |  | As of June 30, |
|  | 2017 |  |  | 2016 |
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 years ended June 30, 2017 and 2016.

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- Definition The entire disclosure for goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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