Website??

It depends on sucsess of website . As per as 26  it's an intangible assets if website does not get enough recognition for the purpose to whom it was primiliary ment to meet than according to method suggested by As 26 it should be expensed in year in which it was incurred . Other wise it can be capitalised if other condition mentioned in Accounting standard 26 are met.

There is a supreme court judgement on this. SC has held that development of website shall be treated as revenue expenditure. 

I cannot recall the name of the judgement. But it should be 6 month old.