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Mayank

Mayank Chandel  |1932 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on May 05, 2024

Mayank Chandel has over 18 years of experience coaching and training students for various exams like IIT-JEE, NEET-UG, SAT, CLAT, CA and CS.
Besides coaching students for entrance exams, he also guides Class 10 and 12 students about career options in engineering, medicine and the vocational sciences.
His interest in coaching students led him to launch the firm, CareerStreets.
Chandel holds an engineering degree in electronics from Nagpur University.... more
atul Question by atul on Apr 03, 2024Hindi
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Career

after 10th exam jee preparation coaching or 10+2 who is suitable for my child

Ans: HI Atul,
10+2 is a mandatory qualifying exam to appear for JEE. You need to join coaching for professional guidance & testing.
Career

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Radheshyam

Radheshyam Zanwar  |1059 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Aug 01, 2024

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Career
Hi Sir, My son studies in 8th grade in an IGCSE board school in Mumbai. He is keen to pursue Engineering and crack JEE exams. I want him to start preparing for it early and already motivating him to study syllabus of CBSE Maths not covered in IGCSE. He shows great excitement in the same and does it willingly. I shall also do the same for Science. My queries are as below. What do I do after his 10th boards? Should I ask him pursue AS and A boards or enrol him to an academy for an integrated study of 11th and 12th + JEE? I am keen to have private tutors for JEE studies. Will this be better than academy coaching? Should I enrol him in a Junior college for 11th and 12th and also ask him to prepare for JEE simultaneously? Thanks, Mehul
Ans: Hello Mehul. Your son is in 8th std. It is good to hear that he is doing good in his studies that too willingly. As he is in 8th std, it would be better to join him for 3 years Foundation Course for IIT-JEE (8th + 9th + 10th). Search these coaching institutes near by you if possible. Else you can purchase the excellent material provided by Matrushri Institute, Hyderabad. The material provided by this institute is excellent. Purchase the material, and search private tutors to complete the syllabus. After completing this course, Your son will be quite comfortable to face JEE syllabus. You decide about the JEE coaching institute only after his 10th examination. You better enroll his name In a Jr. College and then join best coaching center available near by your home.

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Nayagam P

Nayagam P P  |3916 Answers  |Ask -

Career Counsellor - Answered on Jul 22, 2024

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Career
Hi Sir, My son studies in 8th grade in an IGCSE board school in Mumbai. He is keen to pursue Engineering and crack JEE exams. I want him to start preparing for it early and already motivating him to study syllabus of CBSE Maths not covered in IGCSE. He shows great excitement in the same and does it willingly. I shall also do the same for Science. My queries are as below. What do I do after his 10th boards? Should I ask him pursue AS and A boards or enrol him to an academy for an integrated study of 11th and 12th + JEE? I am keen to have private tutors for JEE studies. Will this be better than academy coaching? Should I enrol him in a Junior college for 11th and 12th and also ask him to prepare for JEE simultaneously? Thanks, Mehul
Ans: Mehul Sir,

Thoroughly read your question Sir. Here-below are some Options / Important Suggestions & Why?:

Option-1

After he finishes his 8th Standard, you can get admission for him into any CBSE-School (or) Maharashtra State Board School which also has an integrated Program.

As far as I know, there are very less number of CBSE Schools. If you can get into any CBSE School, well and good.

If he joins any State Board Integrated School from the 9th itself, it is highly recommended to thoroughly go through the NCERT Books of 9th to 12th Standards which is most important for JEE preparation.

It is preferable to start early for JEE (from 9th standard to cover NCERT basic concepts), but not mandatory.

Option-2

If you decide NOT to discontinue from IGCSE till 10th standard, you will have to put him in any JEE-Integrated School for 11th/12th Standard.

However, it is advisable to go through the NCERT books of 9th/10th, whenever time permits for your son as the quantity of subjects/syllabus of IGCSE will be more, compared to CBSE.

Option-3

As you prefer Home Tutors, please note, highly experienced Home Tutors (especially for JEE-Advanced preparation) charge on hourly-basis and depending upon the subject (for example, tuition fee for Maths will be higher, compared to Physics & Chemistry).

Please choose the best option, suitable for you/for your son out of the above 3-options.

Some other value-added tips:

1) Please give more importance to Maths, followed by Physics, as JEE Rank is allotted on the basis of highest marks in Maths.
2) If you prefer an Integrated Program, make sure the School/Integrated Class is not too far from your home. Travel consumes/wastes lot of your valuable time.
3) For other PRACTICAL Strategies / Steps / Tips, please go through some of my answers below, related to JEE preparation.

All the BEST for Your Son's Bright Future.

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Nayagam P

Nayagam P P  |3916 Answers  |Ask -

Career Counsellor - Answered on Sep 20, 2024

Asked by Anonymous - Sep 20, 2024Hindi
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Career
My child is studying class 10 in kv school. For jee preparation, shall i put in integrated school for class 11 or continue the same school with separate coaching classes?
Ans: Depends upon some factors which you will have to take into consideration (1) Distance between your Home & Integrated School. If the travel time is less than 20-25 minutes or 5 kms (whichever is lower), can go for Integrated Option. (2) Integrated School has tie-up with which Coaching Institute? Timings of each Coaching Institute in School differs from one another. Check whether the timings will be suitable for your child and what time your child will be able to reach home? (3) Timings of Integrated School & whether on Saturdays also classes will be held till evening? If classes are held only half-day, then OK. If held till evening on Saturdays also, not advisable as your child will get stressed and can't/will not get time to study at home (4) Pressure your child can bear if put in Integrated School & your Son's academic performance. If the child is self-motivated, dedicated & academic performance has been good, both will work out (Integrated & Separate Coaching Class) (5) Distance between your Home & Coaching Classes for weekday & weekend classes. If it is less than 5 kms or the travel time is less than 20-minutes, you can prefer Weekday or Weekend classes. However, please make sure that your child's school timing should not clash with the timings of Coaching Classes. Value Addition Information: Please avoid relying only on JEE. Instead, make your child appears in 5-7 Entrance Exams to have multiple options to choose the most suitable one. All the BEST for Your Child's Bright Future.

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T S Khurana

T S Khurana   |197 Answers  |Ask -

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi
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Money
Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
Ans: (A). Let's first talk about F/Y 2023-24 :
You jointly sold a Property during the year for Rs.76.80 lakhs (64.80+10.00+2.00), & sold the same for Rs.100.00 lakhs.
You have jointly also purchased Property No.3 (I suppose it is Residential only), for Rs.140.00 lakhs.
You should avail exemption u/s-54 & file your ITR accordingly. Please disclose all details about sale & purchase in your ITR.
02. Now coming to the F/Y 2024-25 :
You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
Most welcome for any further clarifications. Thanks.

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