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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)

3 Months Ended

Sep. 30, 2021

Noncontrolling Interest [Abstract]

SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

The Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:

SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

SUBSIDIARY		Non-Controlling Interest %		Non-Controlling Interest at September 30, 2021
NetSol PK		33.88%		$	6,333,101
NetSol-Innovation		33.88%			130,638
NetSol Thai		0.006%			(174	)
OTOZ Thai		5.60%			4,007
OTOZ		5.59%			(28,731	)
Total				$	6,438,841

SUBSIDIARY		Non-Controlling Interest %		Non-Controlling Interest at June 30, 2021
NetSol PK		33.88%		$	7,101,883
NetSol-Innovation		33.88%			136,611
NetSol Thai		0.006%			(208	)
OTOZ Thai		0.006%			(52	)
OTOZ		5.00%			(22,761	)
Total				$	7,215,473

X

- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4M
-URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591554-111686

+ Details

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X

- References

No definition available.

+ Details

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Period Type:	duration