XML 49 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

TAXES (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2017
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
i) | The components of the income tax expense are as follows:
|  | For the years ended |
|  | June 30, |
|  | 2017 |  | 2016 |
Current income tax provision |  | $ | 1,165,857 |  | $ | 1,298,472 |
Deferred income tax provision (benefit) |  |  | 86,780 |  |  | (120,765) |
Total |  | $ | 1,252,637 |  | $ | 1,177,707 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
ii) | The following table summarizes deferred tax assets resulting from differences between the financial reporting basis and tax basis of assets and liabilities:
|  | June 30, 2017 |  | June 30, 2016 |
Allowance for doubtful accounts |  | $ | 24,598 |  | $ | 123,818 |
Inventory reserve |  |  | 209,236 |  |  | 203,674 |
Net operating loss carry-forwards |  |  | 111,882 |  |  | 114,122 |
Total |  |  | 345,716 |  |  | 441,614 |
Valuation allowance |  |  | (111,882) |  |  | (114,122) |
Deferred tax assets, net |  | $ | 233,834 |  | $ | 327,492 |
Summary of Valuation Allowance [Table Text Block] | Movement of the valuation allowance:
|  | June 30, 2017 |  | June 30, 2016 |
Beginning balance |  | $ | 114,122 |  | $ | 108,932 |
Current year addition |  |  | - |  |  | 13,971 |
Exchange difference |  |  | (2,240) |  |  | (8,781) |
Ending balance |  | $ | 111,882 |  | $ | 114,122 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
iii) | The following table reconciles the PRC statutory rates to the Company's effective tax rate for the years ended June 30, 2017 and 2016:
|  | For the years ended |
|  | June 30, |
|  | 2017 |  | 2016 |
PRC statutory tax rate |  | $ | 25.00 | % | $ | 25.00 | %
Exemption rendered by local tax authorities |  |  | (12.31) | % |  | (12.56) | %
Effective tax rate |  | $ | 12.69 | % | $ | 12.44 | %
Schedule of Taxes Payable [Table Text Block] | Taxes payable consists of the following:
|  | June 30, 2017 |  | June 30, 2016 |
Income tax payable |  | $ | 1,541,548 |  | $ | 1,201,641 |
Value added tax payable |  |  | 60,685 |  |  | 69,955 |
Business tax and other taxes payable |  |  | 6,693 |  |  | 6,546 |
|  | $ | 1,608,926 |  | $ | 1,278,142 |

X
- Definition It represents the tabular disclosure of taxes payable. + References No definition available. + Details
Name: | tyht_ScheduleOfTaxesPayableTableTextBlock
Namespace Prefix: | tyht_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_SummaryOfValuationAllowanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration