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Yogendra Arora |30 Answers |Ask -Follow

Tax Expert - Answered on Mar 27, 2025

Yogendra Arora is the founder of Y Arora Associates And Chartered Accountants, a tax consultancy firm based out of Kanpur.
He has over 11 years of experience in auditing and consultancy.
Before starting his own consultancy, Yogendra, a commerce graduate from CSJM University, Kanpur, worked with ICICI Bank and Indusind Bank as credit manager between 2013 and 2018.... more

Asked by Anonymous - Feb 18, 2025

Money

Sir, income tax payer cash gift from relatives how many times allowed one fincial year of income tax act purpose

Ans: hi,
there is no any such restrictions in the case of relatives to receive Cash gifts and how many number of times, as it is fully exempt.
Relatives are as per Section 56(2)(x) like spouse, brother sister etc.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Sir, it assessess cash Gift from family like father rs:10 lacs dt:10-4-24 after cash Gift from father rs:5 lacs dt:20-06-24 through on bank channel. Question: Assessess cash Gift from family members how many times one finical year allowed in it act.

Ans: 01. Gift from father of Rs.5,00 lakh, through a banking channel is no problem. It is not taxable in the hands of donee.
02. Gift in cash from father is also not taxable, but such entries are always subject to controversy. You should avoid making a Cash Gift & instead go for Gift by banking channels or Property or Shares etc.
Most welcome for any further clarifications. Thanks.

Vivek Lala | Answer |Ask -Follow

Tax, MF Expert - Answered on Aug 10, 2024

Asked by Anonymous - Aug 09, 2024Hindi

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Sir, It assessess taxable income below rs:3 lacs and cash Gift from father rs:20 lacs amount through on bank channel f.y.23-24 Question: Assessess itr returns filed mandatory 2.cash Gift from family members how many times gift received one finical year allowed in it act

Ans: Yes return needs to be filed
No limit on gift received from relatives as per the income tax definition , but make sure the money received as gift is tax paid money by the person who is transferring it to you

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Tax, MF Expert - Answered on Aug 10, 2024

Asked by Anonymous - Aug 10, 2024Hindi

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Sir, It assessess cash Gift from family members (father ,mother , brother, sister)how many times allowed one finical year in it act

Ans: Please be specific with amounts and what will be the purpose of the cash gifts

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Tech Careers and Skill Development Expert - Answered on Mar 31, 2025

Asked by Anonymous - Mar 31, 2025Hindi

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Sir, My father forced me to B-tech engineering degree. I completed my B-tech in chemical engineering in 2008 but our college didn't gave any placementin core chemical. I wanted to go for higher education like M-tech or MBA, but my father didn't make that happen. I gave many interviews from outside in pvt sector and not selected in the final interview. I also qualified in PSUs and same thing happened not qualified in the final selection process. In PSUs also they are wanting higher education. Recently I have done one internship in AI with project from Skillible and one internship in cyber security with project from Edunet foundation. I have 2 years of experience as a math expert in Chegg India. What will I do, please suggest. My father has completely ruined my life.

Ans: Nodody can ruin your career if you have the potential. Your father is not your enemy.
1. Further Education (If Feasible)
If higher education was a roadblock before but is now an option, consider pursuing an M.Tech (Chemical/AI/Cybersecurity) or an MBA (Operations, Data Analytics, or IT Management).
Distance learning programs from IITs, NITs, IIMs, and ISB could also be beneficial.
GATE 2025: If you're still interested in PSUs, qualifying GATE again with a high rank could give you opportunities.

2. Alternative Careers in Mathematics and Teaching
Since you have experience as a math expert at Chegg, you could look at:
Government teaching jobs (NET, SET exams).
Private coaching (IIT-JEE/NEET coaching institutes like FIITJEE, Aakash, etc.).
Online tutoring platforms (Vedantu, Unacademy, Byju’s, Cuemath, etc.).
Actuarial Science or Data Analytics, which involve heavy mathematical modeling.

These are few options. Many are available. Work hard.

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Insurance, Stocks, MF, PF Expert - Answered on Mar 31, 2025

Question by Siddharth - Mar 31, 2025Hindi

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I have invested in VPF since 2008 and it has grown to 64lacs currently. But have not invested in NPS at all. Should I divert my monthly investment to NPS and start from zero or should I continue to invest in VPF to take advantage of compounding? Please suggest.

Ans: Hello;

Please specify your current age so as to advise suitably.

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Best private engineering colleges in odisha...

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 31, 2025

Asked by Anonymous - Mar 31, 2025Hindi

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Sir I got 95 percentile in JEE mains 2025 can I get admission in nit allahabad(cse) with sc category and home state

Ans: Hello dear.
There is a strong chance to get admission to CSE at one of the NITs. If everything goes well, you may also get Allahabad. Best of luck to you. Thanks
Follow me if you like the reply.
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Radheshyam Zanwar |1510 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 31, 2025

Asked by Anonymous - Mar 31, 2025Hindi

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Sir I got 95 percentile in JEE mains 2025 can I get admission in nit allahabad(cse) with sc category and home state

Ans: Hello dear.
There is a strong chance to get admission to CSE at one of the NITs. If everything goes well, you may also get Allahabad. Best of luck to you. Thanks
Follow me if you like the reply.
Radheshyam

Radheshyam Zanwar |1510 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 31, 2025

Asked by Anonymous - Mar 31, 2025Hindi

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Sir I got 95 percentile in JEE mains 2025 can I get admission in nit allahabad(cse) with sc category and home state

Ans: Hello dear.
There is a strong chance to get admission to CSE at one of the NITs. If everything goes well, you may also get Allahabad. Best of luck to you. Thanks
Follow me if you like the reply.
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Ravi Mittal |557 Answers |Ask -Follow

Dating, Relationships Expert - Answered on Mar 31, 2025

Asked by Anonymous - Mar 30, 2025Hindi

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Hey... Five years ago, I confessed my feeling to my crush. She declined my proposal politely and asked me to be friends. I respected her decision of putting down my proposal but i didn't want to in friendzone so I broke my contract with her. Since then we never encountered each other. After fuve years one of our mutual friends met her and she was asking him about me. She did ask him about me twice. I know this can be her normal behavior. I want to know if she thinks about me or if she wants to get connected?

Ans: Dear Anonymous,
Like you mentioned, it is very normal for old friends to enquire about each other, especially if they have not been in touch for a long time. It might be the same in this case. The only way to tell for sure is to ask her. If you are interested in reconnecting, you can think about the same and ask her once you are back in talking terms. But I would recommend not assuming anything and getting your hopes up.

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 31, 2025

Asked by Anonymous - Mar 29, 2025Hindi

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sir i had a doubt i passed class 12th with cbse board scoring 64 percent in total in 2024 and did not appear for jee mains, in 2025 i gave improvement exam but i am not sure if i will cross 75 criteria and also appeared in jee mains 2025 but i want a good govt college should i appear once again for 75 percent criteria with nios board and if i do will it be some problem in mains and adv??

Ans: Hello dear.
The condition of 75%tile is mandatory. It would be better to appear before the NIOS board to get the required percentile. There will be no problem in the mains and advanced examinations. Thanks
Follow me if you like the reply.
Radheshyam

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 31, 2025

Question by himanshu - Mar 30, 2025Hindi

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Sir if I do not get a seat in josa councling then my fee is refundable or not?

Ans: Hello HInanshu
The fees are refundable.
Thanks
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Asked by Anonymous - Mar 29, 2025Hindi

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I am 25 with 38 months of work experience. Can you let me know is it a good choice for pursuing MBA in IIMs at age 26. 10th 12th ug marks- 90/65/78

Ans: Try for a 2 year MBA course. Write the CAT exam. If you do not get into a good college this year then try for executive MBA course at the IIMs for which you need 5 years work ex and you would have to write the GMAT.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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