Dear Mihir Sir, Good after noon. I have a question for LTCG. Sir I acquired a residential plot in March 2018 for Rs. 20,00,000 and spent immediately Rs. 3,50,000 on foundation and boundary fencing. The property was held for almost 4.5 years and I sold it in December 2022 for Rs. 30,00,000. I spent the whole amount in constructing a new house. I had only one house property where I spent the whole amount. Am I liable to pay any LTCG for AY 2023-24? If yes, please tell how much am I liable to pay? Thanks.

Ans: HI Srija,
You have shared only very limited information. This is not sufficient to predict.

Ans: HI,
Did you compared the syllabus between these two universities. If not, do it and then you can decide.

Ans: HI
Which specialty in biotech you wanted to opt?

Ans: HI,
Not so bright.
To get more clarity, wait for a day.
BEST WISHES.

Ans: HI USHA,
Less chances are there, but no guarantee.
To get more clarity, wait for a day.
BEST WISHES.

Ans: HI RAJANI,
Possible in less competitive GMC.
To get more clarity, wait for a day.
BEST WISHES.

Ans: HI,
Bit Difficult. Wait for a day to get more clarity.
ALL THE BEST

Ans: HI,
Bit Difficult. Wait for a day to get more clarity.
ALL THE BEST.

Ans: With a JEE Main rank of 23,000 in SC category, your sister has viable admission opportunities at the mentioned institutions, though primarily in non-core engineering branches rather than competitive courses like Computer Science Engineering. NIT Trichy demonstrates challenging prospects with SC category cutoffs for most branches ranging between 1,284-5,275, making admission difficult at this rank. NIT Calicut shows better possibilities with SC category cutoffs extending up to 18,762 for Production Engineering under home state quota, while other state quota reaches 6,885 for Material Science Engineering. IIIT Kottayam presents excellent opportunities with SC category cutoffs for CSE reaching 245,516 in last rounds, ECE at 245,767, and Cybersecurity at 245,639, making admission highly probable. IIIT Kancheepuram offers strong prospects with SC category cutoffs ranging from 6,008 to 214,865 across various engineering branches including CSE, ECE, and specialized programs. Historical data indicates that rank 23,000 in SC category can secure admission in NITs through home state quotas in branches like Civil, Mechanical, or Electrical Engineering, while IIITs provide better overall admission chances across multiple branches. Recommendation: Target IIIT Kottayam and IIIT Kancheepuram as primary choices for excellent admission prospects across multiple engineering branches, while applying to NIT Calicut under home state quota for core engineering branches and considering NIT Trichy for non-core specializations with higher cutoff ranges. All the BEST for the Admission & a Prosperous Future!

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