Capital gain tax implication

I have following query related to capital gain.

Could you tell me what are the tax, interest and penalty as on today in the following situation?

An individual purchase second residential house property (he has already own one residential house) on 01/08/2007 of Rs 700000 and sold same residential property on 30/04/2010 for Rs 1200000. He has invested money in purchasing other residential house as on 24/06/2010 for Rs 2625000.