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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000000000-06-018573.txt : 20060831
<SEC-HEADER>0000000000-06-018573.hdr.sgml : 20060831
<ACCEPTANCE-DATETIME>20060420112303
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-06-018573
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060420

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NETSOL TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001039280
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				954627685
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		23901 CALABASAS ROAD
		STREET 2:		SUITE 2072
		CITY:			CALABASAS
		STATE:			CA
		ZIP:			91302
		BUSINESS PHONE:		8182229195

	MAIL ADDRESS:	
		STREET 1:		23901 CALABASAS ROAD
		STREET 2:		SUITE 2072
		CITY:			CALABASAS
		STATE:			CA
		ZIP:			91302

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NETSOL INTERNATIONAL INC
		DATE OF NAME CHANGE:	19990819

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MIRAGE HOLDINGS INC
		DATE OF NAME CHANGE:	19970519
PUBLIC REFERENCE ACCESSION NUMBER:		0001144204-05-028870
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>


Mail Stop 4561

      							March 29, 2006


Mr. Naeem Ghauri
Chief Executive Officer
NetSol Technologies, Inc.
23901 Calabasas Road, Suite 2072
Calabasas, California 91302

	Re:	NetSol Technologies, Inc.
		Form 10-KSB/A for the fiscal year ended June 30, 2004
		Form 10-QSB/A for the fiscal quarter ended September 30,
2004
      Form 10-QSB/A for the fiscal quarter ended December 31, 2004
      Form 10-QSB/A for the fiscal quarter ended March 31, 2005
      Form 10-KSB/A for the fiscal year ended June 30, 2005
      Form 10-QSB for the fiscal quarter ended September 30, 2005
      Form 10-QSB for the fiscal quarter ended December 31, 2005
	File No. 0-22773

Dear Mr. Ghauri:

	We have completed our review of your Form 10-KSB and related
filings and do not, at this time, have any further comments.


								Sincerely,


								Stephen Krikorian
								Accounting Branch Chief


</TEXT>
</DOCUMENT>
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