Web site mg expense
This query is : Resolved
23 February 2013
A Company has formed its website and has paid 19000 Rs for it.. Under what head this expense should be charged???
Can we charge it as Advertising
expense????
Can we charge it as Advertising
expense????
23 February 2013
Hi,
No its not advertisement exp. Separate head to be created for the same & shown as Website Registration & Development charges in my view.
Thanks!!
No its not advertisement exp. Separate head to be created for the same & shown as Website Registration & Development charges in my view.
Thanks!!
23 February 2013
thank you...!!!!
23 February 2013
I don't see any harm in charging it off to advertising. It substantial portion of website is an advertisement of company's work only.
24 February 2013
ya i also think the same that it is for advertising purpose only.
24 February 2013
The web-site expenditure is whether a capital or revenue has to be decided from the manner in which the website is used. Sometimes web sites provide merely information about the product or services. In such cases it can be treated as revenue expenditure.
.
However, when the web-site is effectively used for business transactions and where it is difficult to deny that its use results in an enduring benefit, then the expenditure may be treated as Capital Expenditure.
.
.
However, when the web-site is effectively used for business transactions and where it is difficult to deny that its use results in an enduring benefit, then the expenditure may be treated as Capital Expenditure.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- NON- SUBMISSION OF LLP FORM 3
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Free lancer income
- TDS related Query_Liquidated Damages
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
