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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)

6 Months Ended

Dec. 31, 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 December 31, 2021
NetSol PK			33.88	%		$	6,832,666
NetSol-Innovation			33.88	%			127,969
NetSol Thai			0.006	%			(145	)
OTOZ Thai			5.60	%			701
OTOZ			5.59	%			(35,839	)
Total						$	6,925,352

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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