Capitalisation or charge off to P & L A/C

This query is : Resolved 

17 February 2009 I have taken one domain address i.e web address at Rs. 1,30,000. This is one time settlement. No further charges were payable by me.
can we caspitalize the same or not?

24 September 2011 Yes the same will be capitalized becuase it is expected to give beneifts for a number of years to come.


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