INCOME TAXES (Tables)

3 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Schedule Of Components Of Income Tax Expense (Benefit) [Table Text Block]

The income tax expense for the three months ended September 30, 2016 and 2015 are as follows:

	For the three months ended
	September 30,
	2016		2015
Current
Hong Kong	$	(6,525)	$	-
China		(65,096)		(259,822)
		(71,621)		(259,822)
Deferred
USA		-		19,000
		-		19,000
Total	$	(71,621)	$	(240,822)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The Company’s deferred tax assets are comprised of the following:

	September 30,		June 30,
	2016		2016
Allowance for doubtful accounts	$	65,000	$	65,000
Stock-based compensation		743,000		735,000
Net operating loss		3,570,000		3,752,000
Total deferred tax assets		4,378,000		4,552,000
Valuation allowance		(4,378,000)		(4,552,000)
Deferred tax assets, net - long-term	$	-	$	-

Schedule Of Income Taxes Payable [Table Text Block]

The Company’s taxes payable consists of the following:

	September 30,		June 30,
	2016		2016
VAT tax payable	$	486,084	$	475,066
Corporate income tax payable		1,160,477		1,100,380
Others		66,776		61,751
Total	$	1,713,337	$	1,637,197