Menu
CSR query?
CSR(Company social responsibility) expenses Deduction allowed or not?If allowed how much limit?
Replies (7)
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.
@ dear Prasad Nillugal sir what are the expenses are eligible to deduction as per Income Tax act , what are the items
Refer section 30 to section to 44DB of the Income tax act.
@ Prasad Nillugal sir, alternative minimum tax means?
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 .
Recent Topic
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
Related Topics
CAclubindia
