Dear Aruna, My child is 16.5 year old and is in 12th Standard. He wanted to pursue JEE and hence we got him admitted to a school who has integrated program where along with CBSE they impart JEE training as well. They also had a hostel facility. We had shifted him to this hostel during his 11th after lot of thinking as he used to waste lot of time gaming and hanging around with his friends...he had got 78% in his 11th and this was because he stayed in the hostel. Now he is saying that he will not go back to the hostel at all and prepare at home. But he does not seem to be serious at all...he has been gaming, hanging around with his friends etc.When asked about all this he says that he is well ware and will do the needful..Off late he started saying that he is not interested in doing JEE and make basket ball as his career...we as parents are very confused...I even have fights with my son because of this...Please advise what needs to be done. I would like that he rejoins hostel as this would make him disciplined and responsible...It is important that he completes his 12th standard with good marks and i feel that staying back home is not going to help at all. he is intelligent and teachers appreciate him a alot..he is also talented but is wasting lots of time...he says that he knows everything and no one need to tell him anything. Whenever he hears abt hostel he gets irritated. This hostel does not allow mobile phones or any electronic gadgets at all.

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?

Sir, Grateful for your reply dtd 15th instant stating my estimated tax liability for FY 24- 25. Would you kindly let me know break up of my tax calculation specially in respect of my LTCG. With kind regards D chakraborty

Hi, I retired on 31 March 2024. I turned 60 years in November 2023. I have not yet with drawn my PF funds. Will the total accumulation be eligible for interest payment for 3 years post March 2024. Kindly advice.

I have superannuation schrme with presemt employer and they have discountinued the same. I sm of age 54 years now and employer asked to withdraw 33% fund and balance fund will convert in pension scheme. I have question that this 33% fund will attract tax as per Invome tax of Indian Govt?

Best college for bachelor in computer science in india other than iit, iiit, nit, bits

Hello sir I am currently studying in diploma in Mechanical engineering of semester -v and my age is 20 years.Are you advice best career options after diploma.

I am completed B.Tech. in Civil (7.42) in 2023 but didn't get any job. Since then I start preparation for government exam but haven't had a chance yet. I am totally confused and frustrate about my career. What should I do right now?

Hello Sir, this is Brahmendra an IT professional for past 20 years. My son is studying +1 and preparing for JEE along with other engineering entrance exams. Academically, he is an above average student (scored 90% in class X CBSE) but has good aptitude & reasoning skills. Somehow, he likes to study mechanical engineering. Q1) Nationally, what colleges are good/best for mechanical? 2) In worst case, if he could not get into premium colleges like NITs, IITs, VITs & CBITs etc., can he still make a good career in that field? 3) Are there enough campus interviews happening for that branch in their industry and do they have enough off-campus opportunities? Being in IT industry, I am aware even an average student with good skills in programming can easily make their career. But when I was teaching him the programming in his previous classes, he did not find it interesting.

I am currently studying in 3rd year of mechanical engineering in govt. College sir, can I get a job?. And what courses should I do?....