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Samraat Jadhav |2289 Answers |Ask -Follow

Stock Market Expert - Answered on Aug 16, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by bulk on Aug 16, 2024Hindi

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Thanks for your reply ..if you can please answer second part of myy query is If i transfer equity shares to my wife as GIFT and when she sells the stocks i understand that clubbing will apply and it will be taxed in my name . Now when my wife reinvests this amount in equity [ full amount ] and sells it again now in this scenario will clubbing of income apply or will it now be taxed under her name..

Ans: it will apply and your wife will be taxed

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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Samraat Jadhav |2289 Answers |Ask -Follow

Stock Market Expert - Answered on Aug 16, 2024

Asked by Anonymous - Aug 15, 2024Hindi

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If i transfer equity shares to my wife and when she sells the stocks i undersyand that clubbing will apply and it will be taxed in my name . Now when my wife reinvests this amount and sells it again now in this scenario will clubbing of income apply or will it now be taxed under her name..

Ans: you need to transfer shares as Gift and the capital gain after selling of shares will be taxed to your wife

Samraat Jadhav |2289 Answers |Ask -Follow

Stock Market Expert - Answered on Aug 19, 2024

Question by bulk - Aug 16, 2024Hindi

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Thanks ..Please correct i have read in some articles that in the first scenario [ Husband gifts shares to wife and wife sells ] Clubbing will apply and income will be added to husband return and not wife . In the second scenario wise invests all the amount in equity after selling and when this is again sold will clubbing apply or now in this case it will be purely wife income for taxation with no connection to husband.

Ans: in this confusion, i would recommend you to consult your CA.

Mihir Tanna |1054 Answers |Ask -Follow

Tax Expert - Answered on Aug 17, 2024

Question by bulk - Aug 17, 2024Hindi

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If i transfer equity shares as GIFT to my wife and when my wife sells the stocks i understand that clubbing will apply and it will be taxed in my name . Now when my wife reinvests this whole amount and sells it again now in this scenario will clubbing of income apply or not in second scenario it will be completely now be taxed under her name.

Ans: Yes, in my view same will not be clubbed as gain portion of amount invested is already clubbed.

T S Khurana |476 Answers |Ask -Follow

Tax Expert - Answered on Sep 21, 2024

Asked by Anonymous - Sep 10, 2024Hindi

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When I transfer money TO my father-in-law (wife's father), as per the Income Tax Act, this qualifies as a transfer to a relative and is not subject to tax ( as clarified in the last call ). In this situation, would the clubbing provisions apply (as they do with transfers to a spouse), where the income generated (profits) from the gifted amount is clubbed with the income of the person making the gift?

Ans: No. Clubbing provisions shall not be applicable in this case.
Most welcome for any further clarification. Thanks.

T S Khurana |476 Answers |Ask -Follow

Tax Expert - Answered on Sep 11, 2024

Question by bulk - Sep 10, 2024Hindi

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When I transfer money TO my father-in-law (wife's father), as per the Income Tax Act, this qualifies as a transfer to a relative and is not subject to tax ( as clarified in in last message). In this situation, would the clubbing provisions apply (as they do with transfers to a spouse), where the income generated (profits) from the gifted amount is clubbed with the income of the person making the gift?

Ans: No. Clubbing provisions shall not be applicable in this case.
Most welcome for any further clarification. Thanks.

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Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Question by Aakashi - May 20, 2025

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My son got 88.44 percentile in jee mains in general ews, in which NIT, IIIT or any good college can he get admission in cse and ECE course

Ans: NITs like NIT Manipur, NIT Nagaland, NIT Mizoram, NIT Arunachal Pradesh (ECE or CSE depending on cutoff and seat availability)

IIITs such as IIIT Sonepat, IIIT Bhagalpur, IIIT Una, IIIT Ranchi

Other good state government colleges or private universities that accept JEE Mains scores.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Question by Bhup - May 20, 2025

Career

Any NIT or iiit, Haydrabad, which college is best for My son.prefer

Ans: IIIT Hyderabad — especially for branches related to CS, Electronics, Computational Math, or interdisciplinary fields.

NIT Warangal — strong academics and research, especially for Electrical, Electronics, and Mathematics.

NIT Surathkal — good placements and solid faculty for EE/ECE.

NIT Trichy — well-ranked, good infrastructure, and branch variety.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Asked by Anonymous - May 20, 2025

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I have 222xx rank in JEE mains (98.5%ile, Gen Male), and I want to pursue any branch that focuses on mathematics and electronics, for example MnC, EE, ECE, EIE, etc. and I wanted to know more branches that are mathematics heavy. For example, I've heard from my seniors that Engineering Physics has a lot of advanced maths, which is not obvious to us students who have just passed class 12. Another thing I've heard, MnC syllabus varies drastically among colleges and colleges offer both BSc and BTech. These small things would matter a lot in the future. My questions: 1. What other branches focus on math mainly? 2. I can apply for BTech in Computational Mathematics and BSc in Mathematics and Computing in NIT Agartala. What's the difference? 3. I have a chance of getting Integrated MSc in Mathematics at NIT Warangal. How viable is that option?

Ans: For a balanced mix of engineering, electronics, and math, ECE, EE, MnC, or Computational Mathematics BTech are great options.

If you want deep math theory and research, go for Integrated MSc or BSc in Math & Computing.

Check detailed syllabi of each program, as curricula and career prospects differ across colleges.

Your rank gives you a good chance for some newer NITs and IIITs offering specialized courses — explore their seat matrices.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Question by Saumik - May 20, 2025

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My son got ECE in SRM KTR & Manipal main campus. Which one is to be taken ?

Ans: Choose SRM KTR.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Asked by Anonymous - May 20, 2025

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Hi Sir....how would you rate BTech in symbiosis pune....

Ans: SIT Pune is a solid choice for students seeking quality education in engineering, especially for those interested in pursuing careers in technology and innovation. While the fee structure is on the higher side, the infrastructure, academic rigor, and placement opportunities provide good value for the investment.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Asked by Anonymous - May 20, 2025

Career

With 81,146 rank in vit .. which branchhes an I get in vit vellore ..is it worth it?

Ans: With 81,146 rank in VIT, getting a top branch like CSE or ECE at VIT Vellore is unlikely. You may get branches like Mechanical, Civil, Electrical, or other core engineering branches depending on seat availability.

Is it worth it? VIT is a good private university with decent placements, especially in top branches. But with this rank, you might get less preferred branches where placements and packages could be average.

If you want strong placements and core CSE/ECE, you might want to explore other options or try state quota/private universities closer to your home with better chances.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Question by Chinmaya - May 20, 2025

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My daughter got 92.6%le in jee main & obc nlc,whether any chance of getting NIT in ECE branch ? She appears Jee advance exam also.Result awaited.

Ans: With 92.6 percentile in JEE Main and OBC-NCL category, your daughter does have a chance to get an ECE seat in some NITs, especially in the home state or nearby states, but it might be in the lower-ranked NITs or the ones with higher opening ranks for OBC-NCL candidates.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Asked by Anonymous - May 20, 2025

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Sir Best options for CSE in Muj or UPES or SRM NCR Gzb pls suggest.

Ans: SRM NCR Ghaziabad > UPES Dehradun > MUJ (Noida)

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Asked by Anonymous - May 20, 2025

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Sir which is better EC in Shiv Nadar or IIIT Bhubaneswar

Ans: If your priority is affordability and stable government-backed education with decent placements, IIIT Bhubaneswar is better.

If you prefer a private university with modern facilities and research opportunities, and you can afford the fees, Shiv Nadar is a good choice.

Dr Dipankar Dutta |1396 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on May 24, 2025

Asked by Anonymous - May 20, 2025

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Hello Sir, My son got Electrical and computer science engineering with minor AI an ML in VIT Chennai. Hello got CSE in KIIT . COMEDK result awaited. Please suggest which option to choose ,based on all parameters ? Regards

Ans: If your son is interested in a mix of electrical and computer science, with a growing field like AI/ML, VIT Chennai is a strong choice.

If he prefers pure Computer Science with a more software/programming focus, KIIT CSE is very good.

Also, consider the COMEDK result before finalizing — sometimes good options open up there.

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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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