1.can we considered website and Android app as an intangible assets of the company if company is using same for doing business?
2. expenses incurred for maintenance of these website and app update will be treated as capital expenditure or revenues expenditures?
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Intangible Assets
Replies (2)
1. It would be treated as Intangible asset.
2. Maintenance of Website would be considered as revenue expenditure.
Yes... I Fully agreed to Mr Kumar Sushank's reply...
1. Intangible Assets.
2. Revenue Expenditures...
1. Intangible Assets.
2. Revenue Expenditures...
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