- All Categories
- Income Tax (1616)
- Students (768)
- Service Tax (497)
- Corporate Law (462)
- Audit (393)
- Accounts (336)
- VAT (277)
- GST (136)
- Finance (110)
- Excise (106)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (17)
- Income Tax Software (4)
- Cost Inflation Index (1)
Recent
- What Documents Are Required for ITR Filing?
- How to File Income Tax Return Online?
- Managing personal finance
- Managing personal finance
- How can beginners start managing their personal finances effectively?
- How can beginners start managing their personal finances effectively?
- How can beginners start managing their personal finances effectively?
- What is Union Budget 2026-27?
- Test
- 26QB Challan
- Cash amount deposit in bank account as on dt:31-03-24
- branch statutory Audit
- Tax Liability on payment of Gratuity
- Using the work orders of another entity
- Capitalisation of Assets in case of housing society
- GSTR 9 ITC Reversal
- Reissue Refund of Closed Partnership Firm
- section 43B(h)
- TCS os sale of Fly Ash
- Limit of cash on hand sec 44ad person
- STATUTORY AUDIT
- Long term capital gain
- Un secured loans hug amount sec 68 provision applicable
- Resume Upload
- Cash balance increased options
- FOREX FFMC GSTR-1
- missing turnover show in next quater or drc-03 pay correct procedure
- Banking
- Gift transactions from relatives allowed different dates
- TALLY EXCEL IMPORT
- Income Tax
- Empanelment ewnewal fees
- Tax Audit in case of Pvt. Ltd. Company
- ITC from ISD wrongly reflecting in System generated annual GSTR 3B
- Pf and esi subscription amounts late payments claim eligible and provision compulsory
- GST Applicability
- Loans credit and debit adjustment entry allowed in it act
- Tax audit or itr-3 filed f.y.22-23
- Gst returns nil filed cash deposit in bank account
- Cash limit question
Q. > Please Help: Website Capital or Revenue Expenditure
Website is our assets or revenue expenditure ??
answered Feb 11, 2013 by naga rakesh , Guntur
IF WEBSITE IS USED FOR MORE THAN ONE YEAR IT WILL BE TREATED AS CAPITAL ASSET OTHERWISE REVENUE ASSET
answered Feb 13, 2013 by Rambabu Senkarasetti , Guntur
Asset for expenditure spent for web designing. But annual maintanence is revenue expenditure.
CA Sansaar

Comments
CA Gaurav Kumar Agarwal
08-Feb-2013 , 05:27:19 pmWebsite is an assets for us, it is because the benefit of the same is for the long period.
Neeraj Tiwari
01-Mar-2013 , 05:20:37 pmDevelopment of Website Capital Expenditure. But if Less Than 5000/- can to expensed at the option of assessee. And monthly or maintenance charges paid during the year will be transfer to statement of p&L