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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)
 3 Months Ended
Sep. 30, 2024
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, 2024

 
         
NetSol PK   32.38%  $5,498,409 
NetSol-Innovation   32.38%   (486,522)
NAMECET   32.38%   (26,026)
NetSol Thai   0.006%   (178)
OTOZ Thai   0.66%   90,905 
OTOZ   0.65%   (58,913)
Total       $5,017,675 

 

SUBSIDIARY 

Non-Controlling

Interest %

  

Non-Controlling

Interest at

June 30, 2024

 
         
NetSol PK   32.38%  $4,679,101 
NetSol-Innovation   32.38%   137,232 
NAMECET   32.38%   (21,014)
NetSol Thai   0.006%   (163)
OTOZ Thai   5.60%   (17,483)
OTOZ   5.59%   (83,255)
Total       $4,694,418 
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

The following schedule discloses the effect to the Company’s equity due to the changes in the Company’s ownership interest in Otoz® and Otoz® Thai.

 

         
  

For the Three Months

Ended September 30,

 
   2024   2023 
         
Net income (loss) attributable to NetSol  $70,795   $30,890 
Transfer (to) from non-controlling interest          
Decrease in paid-in capital for purchase of 157,895 shares of OTOZ Inc common stock   (135,119)     
Net transfer (to) from non-controlling interest   (135,119)   - 
Change from net income (loss) attributable to NetSol and transfer (to) from non-controlling interest  $(64,324)  $30,890