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GOODWILL | 12 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL | NOTE 13 – 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: SCHEDULE OF GOODWILL ACQUIRED
|  | As of |  |  | As of |
Entity (Segment) |  | June 30, 2023 |  |  | June 30, 2022 |
NetSol PK (Asia - Pacific) |  | $ | 1,166,610 |  |  | $ | 1,166,610 |
NTE (Europe) |  |  | 3,471,814 |  |  |  | 3,471,814 |
NTA (North America) |  |  | 4,664,100 |  |  |  | 4,664,100 |
Total |  | $ | 9,302,524 |  |  | $ | 9,302,524 |
The Company tests for goodwill impairment at each reporting unit and recorded an impairment of $214,044 at June 30, 2022. The Company performed the goodwill analysis using an income approach.

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