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Capitalisation or charge off to P & L A/C

This query is : Resolved 
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(Querist)
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?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
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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