How to calculate allowable remuneration in the case where firm is carring on two businesses one is speculation business and other is non speculation?

Can anybody suggest me on this question?
How to calculate allowable remuneration to partners as per Income Tax act in the case where firm is carring on more than one business? Whether profit/loss of all business should be merged or seperate calculation should be done for every business?

Dealer is registered for past years under Delhi VAT Act and got registration for CST Act in June 2007.
Dealer purchased good from Haryana CST charged @3 % in the bil provided C form has been issued by dealer to creditor with in stipulated time.Dealer not able to do so. Now creditor charged CST extra @ 1% i.e. 3 % paid earlier now 1 % in addition .

This 1% CST paid allowed as deduction U/s 28 to 43D to the dealer while calculating PGBP for AY 2008-09.If allowed under which section and if not then why??

Can any one tell me whether following expenses are chargeable under FBT or not: 1)company contribution towards Labourwelfare fund.
2) Staff Recruitment Exp
3) Education Reimbursement
4) Staff Transport Exp.
5) Funeral exp
6) Insurance Exp borne for the motorcar used by employee.

I donated a sum of Rs.11000/- to trust registerd for puropse of Sec 80G deduction.Please tell me abt calculation of 80G deduction.I have income from PGBP and STCG u/s 111A taxable @ 10% for AY 2008-09.

Sandeep

I want to about HUF formation,bank A/c opening,gift from realtives friend and any other for formation of HUF , intiial capital for HUF and source of income shown in ITR for the purpose of making white money only.No business carried out actually in name of HUF.Please help me.

Sandeep Gupta

A person engaged on full time basis in trading of Shares i.e purchase and selling of shares only, shoud file ITR for business income or for Short/Long term capital gains? Need he to get tax audit u/s 44AB as his yearly transactions will be much more than Rs 40 lakhs.?

while filling out ITR-2 i noticed that there was nowhere i could state the professional tax paid(have to use ITR-2 coz LTCG and salary).As a result of which the professional tax paid will be included in my taxable income.I am baffled.What do i do?

dear sir/madam

if the organisation is Partnership Firm

is it manditary for epayment for tds amount - for the F.Y 2008-09?

any payments relating to Income Tax is must epayment?

any consultance service is there for epayments (like NSDL)?

what is the epayment last date?

regard.
balu

Can someone please confirm what is the maximum amount can be given to employees as food allowance per day? Earlier it was Rs. 50/- per day. Is there any new limit been set?

As we are giving Sodexho food vouchers to our employees Rs. 1500/- per month and we want to increase the voucher amount, we want to confirm whether it does not get taxable to employees.