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Can I get CSE in NIT Surathkal with a 97.87 percentile (SC category Karnataka)?

Radheshyam

Radheshyam Zanwar  |3333 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 09, 2025

Radheshyam Zanwar is the founder of Zanwar Classes which prepares aspirants for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
Based in Aurangabad, Maharashtra, it provides coaching for Class 10 and Class 12 students as well.
Since the last 25 years, Radheshyam has been teaching mathematics to Class 11 and Class 12 students and coaching them for engineering and medical entrance examinations.
Radheshyam completed his civil engineering from the Government Engineering College in Aurangabad.... more
Ambika Question by Ambika on Mar 09, 2025Hindi
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Career

JEE Mains- Csn i get cse in NIT surathkal with 97.87 percentile (sc category karnataka)

Ans: Hello Ambika
Chances are there to get admission to NIT but can't surely say about Surathkal. It would be better to visite the official website of NIT Surathkar and explore the cutoff of previous years which can help you to predict better.
Follow me, if satisfied with the reply.
Thanks
Radheshyam
Career

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I have inherited shares from my father, who bought them at various points over the years. I do not have the exact cost of purchase of these shares. How do I determine the cost of acquisition for paying IT
Ans: When you inherit shares, the cost of acquisition for tax purposes is determined based on the price at which your father originally purchased them. Here’s how you can approach it:
- Use the Original Purchase Price: The cost of acquisition is the price at which your father bought the shares. If you don’t have records, try checking old brokerage statements, demat account records, or consulting the broker he used.
- Fair Market Value (FMV) Method:
- If the shares were acquired before April 1, 2001, you can take the FMV as of April 1, 2001 as the cost of acquisition.
- If the shares were listed on a stock exchange and held on January 31, 2018, and sold after March 31, 2018, the FMV as of January 31, 2018, can be considered as the cost of acquisition.
- Bonus Shares: If your father received bonus shares, their cost is considered zero for capital gains calculation.
- Holding Period: The holding period includes the time your father held the shares, which helps determine whether the gains are short-term (held for ≤12 months) or long-term (held for >12 months).
- Tax Treatment:
- Long-term capital gains (LTCG) on listed shares exceeding ?1 lakh are taxed at 10% without indexation.
- Short-term capital gains (STCG) are taxed at 15%.
If you don’t have access to purchase records, you may need to estimate the FMV based on historical stock prices or consult a tax expert for guidance.

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