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Whether asset or investment

This query is : Resolved 

09 September 2015 i have purchased a domain name for Rs.5lacs approx from the person out of India, it will be used by me in future as my business website or may be i resale it.

now i'm doing a business as commission and brokerage intermediary.

please suggest how can i book it in my books whether as intelligible assets or as investment or any other way ?

09 September 2015 Capitalize it as intangible asset.


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