I am LIC policy holder of single premium plan (sum assured: Rs 5 lakhs; policy term: 9 years) under which single premium of Rs 3.30 lakh was paid in Nov 2011. Thereafter, survival benefit of Rs 75,000 each was received in 2014 and 2017. The policy matured in Nov 2020 with receipt of net maturity proceeds of Rs 3.77 lakhs.

As per my form 26 AS for FY2021 (AY 2022) amount of Rs 2.05 lakhs is shown to be received from LIC against which TDS of Rs 7,688 is booked. (2.05 L = 75k + 75k + 3.77L + 7688- 3.3 L).

While filing ITR for FY2021 (AY2022), please let me know if I can show income of Rs 55,000 (net of premium) against LIC maturity proceeds despite form 26AS showing income of Rs 2.05 lakhs?

Ans: HI HARI,
GREETINGS FROM REDIFFGURUS!
Regarding the JEE rank and domicile, the following NITs and programs are possible:

- NIT Uttarakhand, Mizoram, and Nagaland: Civil, Electrical, Mechanical Engineering
- NIT Srinagar: Civil and Metallurgy Engineering
- NIT Agartala: Production, Civil, and Chemical Engineering

For IIITs, your son is eligible for newer or PPP-model IIITs in less competitive branches or newer specializations. The possibilities include:

- IIIT Manipur, IIIT Kota, and IIIT Ranchi: ECE
- IIIT Bhagalpur: Mechatronics and Electronics and Communication Engineering
- IIIT Dharwad: Data Science and Artificial Intelligence

Securing core CSE/IT branches in top-tier NITs and IIITs can be quite challenging. Therefore, it's important to plan accordingly and participate actively to secure a seat in any of these options.

ALL THE BES.

Ans: HI
GREETINGS FROM REDIFFGURUS!
Based on your son's rank in VIT, he can secure admission in the following branches under Category 1: ECE, CSE with Specializations, Aerospace Engineering, Robotics Engineering, or Bioengineering.

If you are interested in Categories 2 to 4, CSE specialization programs are available in Bhopal.

ALL THE BEST.

Ans: HI
GREETINGS FROM REDIFFGURUS!
Based on your COMEDK score, your rank will be between 3,500 and 4,500. This competitive rank qualifies you for top-tier engineering branches such as Electronics and Communication Engineering (ECE) and Electrical and Electronics Engineering (EEE) in Tier-1 colleges, as well as core Computer Science Engineering (CSE) branches in highly reputable Tier-2 institutions across Karnataka.

1. Tier-1 Colleges (Top Institutions)
- RV College of Engineering (RVCE): EEE, Chemical Engineering, Aerospace Engineering
- BMS College of Engineering (BMSC): ECE, EEE
- MS Ramaiah Institute of Technology (MSRIT): ECE, EEE, Mechanical Engineering

2. Tier-2 & Premium Institutions (Top Branches)
- Dayananda Sagar College of Engineering (DSCE) & BMS Institute of Technology (BMSIT): CSE, Artificial Intelligence (AI) & Machine Learning (ML), Information Science Engineering (ISE)
- Nitte Meenakshi Institute of Technology (NMIT) & B. M. Sreenivasaiah Institute of Technology (BIT): CSE and related specializations
- Siddaganga Institute of Technology (SIT): CSE

Now the choice is yours. Participate in the counseling process and seize the best opportunity for your future.

BEST WISHES.

Ans: AEEE rank 7092 gives your daughter a realistic chance for Mechanical at Amrita Coimbatore only in a lower/less preferred category or later allotment, but it is not guaranteed; based on recent cutoff trends, the safer expectation is that Mechanical may be possible, while highly preferred branches like CSE/ECE are not. For an Andhra general-category student, the chances are usually a bit tighter than for some home-state/other-category combinations, so keep backup options ready. For placements, Amrita Mechanical is generally better than average private-college mechanical, with reported strong campus recruitment support. All the Best for Your Daughter's Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

Ans: Prefer CSE @ SRM KTR if possible.

Good luck.
Follow me if you receive this reply.
Radheshyam

Ans: With a VITEEE rank of 73777, CSE in VIT Vellore or VIT Chennai is not realistic, and ECE is also very unlikely at Vellore and only a remote possibility at Chennai in higher fee categories. A practical choice is to prioritize ECE/IT/related branches in VIT Bhopal or VIT-AP, or take a better branch in another good college rather than chasing CSE at Vellore/Chennai. All the Best for Your Son's Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

Ans: Preference order may be: ECE @ Manipal > ECE @ VIT > ECE @ SNU. Your preference order may differ for many reasons.

Good luck.
Follow me if you receive this reply.
Radheshyam

Ans: Your son has good chances at NITs for ECE/EEE and at some mid-NITS for CSE/AI branches. BTech 4 yrs + optional later 2 years MTech is generally valued more and offers better flexibility than the integrated 5 years MTech. With a JEE score, he has chances in Maharashtra's top colleges like COEP, VJTI, SPIT, and PICT for ECE/EEE and possibly AI/DS in later rounds, but CSE in COEP/VJTI may be difficult in the open category.

Good luck.
Follow me if you receive this reply.
Radheshyam

Ans: He can get CSE @ VIT AP/Amravati, maybe in cat 2-3, but @ Vellore/Chennai in higher fee cat 4-5

Good luck.
Follow me if you receive this reply.
Radheshyam