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Anil Rego  |388 Answers  |Ask -

Financial Planner - Answered on Jun 09, 2022

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more
SURESH Question by SURESH on Jun 09, 2022Hindi
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Which ITR should I file for the subsequent year (AY 2021-22)? I have withdrawn the entire PF where should I show the same?

Ans: ITR-1 should be filed for the (AY 2021-22). The PF withdrawn should be shown as part of exempt income under Section 10(12) of the income tax return in case of recognised provident fund (assuming that you have been in employment for over 5 years).

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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I am from Bihar. I got 12581 Gen-Ews rank and 88442 CRL in JEE Mains 2025. I got 5415 Gen-EWS rank in JEE Advanced 2025 and didn't qualified CRL. I am in class 12th so should I take a drop? Or should I just go for any college? And what colleges can I get? Am I eligible for IITs?
Ans: Mayank, Based on comprehensive analysis of your JEE Main CRL 88,442 and Gen-EWS 12,581 ranks, coupled with JEE Advanced Gen-EWS 5,415 rank, admission to IITs is unlikely as 2025 closing ranks for Gen-EWS in core branches at newer IITs (e.g., IIT Goa, Palakkad, Jammu) historically range between 2,000–4,000, while premier IITs require sub-1,000 ranks. However, your JEE Main Gen-EWS rank (12,581) positions you for NITs like NIT Patna (Civil/Mechanical), NIT Durgapur (Metallurgy), or IIIT Bhagalpur (ECE) under EWS quota, with 2024 cutoffs for these branches closing around 12,000–15,000 Gen-EWS ranks. State colleges like BIT Mesra (through JEE Main) or LNCT Bhopal (CSE via MP counselling) are viable backups with ~80% placement rates. While a drop year could improve your Advanced rank to target IIT Bhilai/Goa (Gen-EWS cutoff ~4,000–5,000), this requires rigorous preparation given rising competition. Prioritize securing NIT/IIIT admission now, leveraging their strong industry ties, while considering a drop only if fully committed to disciplined, stress-managed preparation for marginal IIT gains. All the BEST for your Admission & a Prosperous Future!

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My friend got 74.6% in 12th cbse board and 63 percentile in jee mains (after a drop year). She is going to pursue IITM BS in data science and application with Btech CSE from any private colleges in indore. She is thinking of taking a non attending college but having second thoughts as btech is itself a major course which will require much more time with efforts. So please suggest if she should go for attending or non attending college in indore.
Ans: Based on comprehensive analysis of AICTE guidelines, academic validity, and practical training requirements, attending a regular BTech CSE program at a recognized private college in Indore is strongly recommended over non-attending/distance options, which are invalid for technical degrees per Supreme Court rulings. While IITM BS Data Science offers flexibility, pursuing it alongside a non-attending BTech risks academic credibility, as distance/online engineering programs lack mandatory lab work, industry exposure, and AICTE recognition, rendering degrees invalid for government jobs or higher studies. Top Indore institutions like LNCT, Acropolis ITR, or Medi-Caps University provide structured curricula, hands-on projects, and placement support (~70-80% placement rates), crucial for skill development despite time commitments. Conversely, juggling IITM BS with a valid BTech demands rigorous time management, but attending colleges allow academic continuity, peer collaboration, and access to campus recruitment—advantages absent in non-attending setups. Given her JEE Main percentile, target mid-tier private colleges with moderate attendance flexibility, ensuring AICTE approval and curriculum alignment with IITM BS coursework. Prioritize institutional credibility over convenience to safeguard career prospects. All the BEST for your Friend's Admission & a Prosperous Future!

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