Type of expenses

my opinion:

1. Website designing is a professional service.  Hence, it should be booked under Professional Services Account Head.  

2. Further, TDS IS DEDUCTIBLE if the same is paid during FY 09-10.  However, the limit for Amount of Expenses is increased upto Rs.30,000 for the FY 10-11

3. Anyhow, comments from seniors are awaited.

sivasiva

Dear Sanjaya,

It depends upon the nature of the Exp. Whether this exp. in recurring in nature or not & for which period u will be enjoying it's benefits.

Apparently it seems to be one time cost & therefor the same is to be capitalised.

sunil