CSR query?

As per section 37 of the Income tax act 1961 , CSR expenditure are not allowed as deduction  from  profit , however you Can go through certain Case laws.

AMT  is tax computed  on the adjusted  total  income of  the Non corporate entities . @ 18.5 % 

( refer  section 115 JC  of the income tax act )

Why sometimes inventory of raw materials are valued at replacement cost??

I remember , I had answered  this question  earlier please check .