INCOME TAXES (Tables)

9 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

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

The Company’s income tax benefit (expense) for the three months and nine months ended March 31, 2017 and 2016 are as follows:

	For the three months ended				For the nine months ended
	March 31,				March 31,
	2017		2016		2017		2016
Current
Hong Kong		(36,966)		-		(71,067)		-
PRC		(47,738)		(265,721)		(158,649)		(558,476)
		(84,704)		(265,721)		(229,716)		(558,476)
Deferred
U.S.		387,900		-		387,900		(280,600)
		387,900		-		387,900		(280,600)
Total income tax benefit (expense)	$	303,196	$	(265,721)	$	158,184	$	(839,076)

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

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

	March 31,		June 30,
	2017		2016
Allowance for doubtful accounts	$	84,000	$	112,000
Stock-based compensation		774,000		735,000
Net operating loss		3,040,000		3,752,000
Total deferred tax assets		3,898,000		4,599,000
Valuation allowance		(3,510,100)		(4,599,000)
Deferred tax assets, net - long-term	$	387,900	$	-

Schedule Of Income Taxes Payable [Table Text Block]

The Company’s taxes payable consist of the following:

	March 31,		June 30,
	2017		2016
VAT tax payable	$	491,791	$	475,066
Corporate income tax payable		1,227,783		1,100,380
Others		72,525		61,751
Total	$	1,792,099	$	1,637,197