whether website is capital or revenue expenditure?
if capital expenditure then how it should be depriciated??
pls help.. :)
Menu
Website
Replies (1)
Dear Neha,
website expenses are revenue in nature. this is confirmed by the Mumbai ITAT in the case of DCIT vs Edeweiss Capital Limited ITA No. 3971/Mum/2009 (AY 2005-06)
- Ankit
Recent Threads
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
Related Threads
CAclubindia
