XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Goodwill | 6 Months Ended
--- | ---
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | NOTE 10 – 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, 2016 |  |  | As of June 30, 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 period ended December 31, 2016.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill. + References No definition available. + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration