Web desiging charges should be capitailied or expenses off in the year of occurance,
Sachin Khanna (z) (25 Points)
03 February 2009Web desiging charges should be capitailied or expenses off in the year of occurance,
Prakash Popat
(3134 Points)
Replied 03 February 2009
Depend upon nature of business of company if it is IT company primary involved in the activies of Web designing,it is Revenue or else it could either be Deffered Revenue/Capital Expenditure.