being the additions made to the website
development cost, assuming it as depreciation on website development cost instead of
depreciation amount ... further erred in
disallowing depreciation on Website Development Cost incurred during the year
amounting to Rs 3,714,202 ignoring the fact that it qualifies
seen from P & L A/c at Schedule J is Website
development and maintenance cost that assessee has debited ... Institute of Chartered
Accountants of India for dot. corn companies, the website development cost of
Rs. 29,68,011/- incurred during the previous assessment year
website on which
information about the assessee is available. The assessee is also
doing business through its website and, therefore, the website
development cost represents ... require an
upgradation of its website. Otherwise, its website will become
obsolete and unuseful to its customers. Original development of a
website would entail considerable
erred in not allowing the depreciation on
website development cost as `software' instead allowing the
deprecation treating it as an intangible asset under Section ... website on which information about the assessee is available. The assessee
is also doing business through its website and therefore, the website
development cost represents
COMM) 1434 /2016 Page 1 of 10
provision of web-hosting, website development,
domain registration, content management, search
engine optimization, customer relationship
management, social networking ... Plaintiffs‟ trademark
VERIZON and VERIZON Logos in relation to
website hosting, website development and
related services as set out in paragraph 50
above;
(b) Passing
deleting the addition
of `.8,02,139/-made on account of website development
charges. The A.O. noticed that the assessee has debited
an amount ... website is quite
long and it is an asset in the cyber space. However, he
allowed depreciation @ 25% on website development
charges. Before
addition of Rs.88,240/- made on account of "Website Development
Expenditure".
(4) That the ld.CIT(A) erred ... deletion of addition of
Rs.88,240/- made on account of website development expenditure.
In the instant case, the assessee has claimed an amount
stated that the complainant - firm undertakes
the work of software and website development & services. The
complainant mentions all its business details on internet, which ... work culture. The work of software and website development &
services is the only source of livelihood for the complainant. For
running the business
Learned CIT(Appeals) was justified in
holding the expenditure on website development as Revenue
expenditure as against the capital expenditure held by the
Assessing Officer ... assessment year 2005-06 as expenditure in
revenue nature incurred on website development. The Assessing Officer did
not agree with the same and treated
name
and 3 cheques in the name of his father) for website development.
It was then stated that in 2019, he has paid ... complainant through bank for website development. It was further
stated that the complainant made website as per his wish and added
500 users costing
