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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)
6 Months Ended
Dec. 31, 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

December 31, 2022

 
         
NetSol PK   32.38%  $4,341,047 
NetSol-Innovation   32.38%   (82,773)
NetSol Thai   0.006%   (200)
Otoz Thai   10.95%   (46,963)
Otoz   10.94%   (158,655)
Total       $4,052,456 

 

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

 

   2022   2021   2022   2021 
   For the Three Months   For the Six Months 
   Ended December 31,   Ended December 31, 
   2022   2021   2022   2021 
                 
Net income (loss) attributable to NetSol  $(2,092,926)  $1,406,785   $(2,713,655)  $1,594,754 
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  $(2,092,926)  $1,406,785   $(2,593,090)  $1,594,754