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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)
 3 Months Ended
Sep. 30, 2022
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:

 

SUBSIDIARY  Non-Controlling Interest %   Non-Controlling Interest at
September 30, 2022		 
         
NetSol PK   32.38%  $4,474,385 
NetSol-Innovation   32.38%   (10,332)
NetSol Thai   0.006%   (184)
OTOZ Thai   10.95%   (19,803)
OTOZ   10.94%   (164,953)
Total       $4,279,113 

 

SUBSIDIARY  Non-Controlling Interest %   Non-Controlling Interest at
June 30, 2022		 
         
NetSol PK   32.38%  $5,479,905 
NetSol-Innovation   32.38%   49,146 
NetSol Thai   0.006%   (196)
OTOZ Thai   5.60%   (30,768)
OTOZ   5.59%   (47,698)
Total       $5,450,389 
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

 

    1    2 
   For the Three Months 
   Ended September 30, 
   2022   2021 
         
 Net income (loss) attributable to NetSol  $(620,729)  $187,969 
Transfer (to) from non-controlling interest          
Increase in paid-in capital for issuance of 191,011 shares of OTOZ Inc. common stock   120,565    - 
Net transfer (to) from non-controlling interest   120,565    - 
 Change from net income (loss) attributable to NetSol and transfer (to) from non-controlling interest  $(500,164)  $187,969