INCOME TAXES (Tables)

3 Months Ended

12 Months Ended

Oct. 31, 2016

Jul. 31, 2016

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

		October 31, 2016			July 31, 2016
		(Unaudited)
Deferred tax assets:
Net operating losses	$	76,320		$	228,278
Total deferred tax assets		76,320			228,278
Less: valuation allowance		(76,320	)		(228,278	)
Deferred tax assets, net	$	-		$	-

		2016			2015			2014
Deferred tax assets:
Net operating losses	$	228,278		$	78,278		$	170,552
Total deferred tax assets		228,278			78,278			170,552
Less: valuation allowance		(228,278	)		(78,278	)		(170,552	)
Deferred tax assets, net	$	-		$	-		$	-

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

		For the three months			For the three months
		Ended			ended
		October 31, 2016			October 31, 2015
		(Unaudited)			(Unaudited)
Current tax expense	$	(235	)	$	48,386
Deferred tax expense		(32,948	)		(81,238	)
Tax expense (benefit)	$	(33,183	)	$	(32,852	)

						For the
		For the		For the		year
		year		year		ended
						July 31,
		ended		ended		2014
		July 31,		July 31,
		2016		2015
Current tax expense	$	196,099	$	833,452	$	-
Deferred tax expense		30,583		83,388		-
Benefits of operating loss carryforwards		-		-		(113,932	)
Tax expense (benefit)	$	226,682	$	916,840	$	(113,932	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	For the three months		For the three months
	ended		ended
	October 31, 2016		October 31, 2015
	(Unaudited)		(Unaudited)
Statutory U.S. tax rate	34.00%		34.00%
PRC Statutory Tax Rate	25.00%		25.00%
HK Statutory Tax Rate	15.00%		15.00%
Less: Valuation Allowance	( 73.96%	)	( 27.47%	)
Deferred Tax	4.81%		( 33.13%	)
Tax expense (benefit)	4.85%		13.40%

					For the
	For the year		For the year		year
	ended		ended		ended
	July 31,		July 31,		July 31,
	2016		2015		2014
Statutory U.S. tax rate	34.00%		34.00%		34.00%
PRC Statutory Tax Rate	25.00%		25.00%		25.00%
HK Statutory Tax Rate	15.00%		15.00%		15.00%
Less: Valuation Allowance	(92.85%	)	(45.44%	)	(59.67%	)
Nondeductible/nontaxable items	(40.57%	)	29.40%		-
Tax expense (benefit)	(59.42%	)	57.96%		14.33%

Schedule of Effective Income Tax Expense Reconciliation [Table Text Block]

								For the
		For the year			For the year			year
		ended			ended			ended
		July 31,			July 31,			July 31,
		2016			2015			2014
Statutory U.S. tax rate	$	(228,278	)	$	(78,278	)	$	(170,552	)
PRC Statutory Tax Rate		71,923			451,874			(113,932	)
HK Statutory Tax Rate		(185	)		(252	)		(675	)
Less: Valuation Allowance		228,463			464,966			171,227
Nondeductible/nontaxable items		154,759			75,530			-
Tax expense (benefit)	$	226,682		$	916,840		$	(113,932	)

Subsidiaries in PRC [Member]

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

		October 31, 2016		July 31, 2016
		(Unaudited)
Deferred tax assets:		-		-
Net operating losses	$	-	$	-
Total deferred tax assets
Less: valuation allowance		-		-
Deferred tax assets, net	$	-	$	-
Deferred tax liabilities:
Timing differences of revenue recognition	$	72,946	$	107,609
Total deferred tax liabilities		72,946		107,609

		2016		2015		2014
Deferred tax assets:
Net operating losses	$	-	$	-	$	111,844
Total deferred tax assets		-		-		111,844
Less: valuation allowance		-		-		-
Deferred tax assets, net	$	-	$	-	$	111,844
Deferred tax liabilities:
Timing differences of revenue recognition	$	107,609	$	83,101	$	-
Total deferred tax liabilities		107,609		83,101		-