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Web portals/mobile applications are assets or expenditure?

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(Querist)
22 May 2014 Please clarify as these are the products around which the business of the company revolves. Company does not sell these products but uses to build in traffic and revenue based on unique utilities for experts and solution seekers. Ref for clarity solvemyproblemm.com.

Kindly advise
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
10 June 2014 if these are revenue generating sources, then the money spent (if gives traffic generation for more than a year) can be capitalized...otherwise expense it out.
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