Whether expenses on development of website are are “capital expenditure” or “revenue expenditure”?

Whether expenses on development of website are are “capital expenditure” or “revenue expenditure”? https://www.taxtmi.com/news?id=586 Whether website development costs are capital or revenue depends on the intent and purpose and on whether there is accretion to fixed capital; a website serving to disseminate information and publicize services, analogous to printed brochures, does not change fixed capital and is revenue expenditure despite providing an enduring benefit. en-us Mon, 22 Sep 2008 09:35:19 +0530 Mon, 22 Sep 2008 09:36:00 +0530 TaxTMI RSS Generator Whether expenses on development of website are are “capital expenditure” or “revenue expenditure”? https://www.taxtmi.com/news?id=586 Whether website development costs are capital or revenue depends on the intent and purpose and on whether there is accretion to fixed capital; a website serving to disseminate information and publicize services, analogous to printed brochures, does not change fixed capital and is revenue expenditure despite providing an enduring benefit. News - Mon, 22 Sep 2008 09:35:19 +0530 https://www.taxtmi.com/news?id=586