Depriciation on website developement
This query is : Resolved
25 June 2012
IS WEBSITE DEVELOPMENT COS EXPENCE OR LIABLE TO DEPRICIATION?
WHAT SHOULD BE ITS TREATMENT?
WHAT SHOULD BE ITS TREATMENT?
25 June 2012
Web site development cost has to be regarded as revenue expenditure.
Citation:-
i)Indian Visit Com.(P) Ltd 176 Taxman 164. ii)Polyplex Corp. Ltd. 176 Taxman 57.
Citation:-
i)Indian Visit Com.(P) Ltd 176 Taxman 164. ii)Polyplex Corp. Ltd. 176 Taxman 57.
25 June 2012
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