Ca Final DT MCQ Problem

Ravi SADhiyan (Practice) (4510 Points)

19 April 2020  

Mr. Gagan , aged 67 years and resident, is a retired person earning a monthly pension of Rs. 12,000/- from his employer. He purchased a piece of land in Delhi in December, 2011 and sold the same in April, 2019. Taxable LTCG amounted to Rs. 2,80,000/-. Apart from Pension income and gain on sale of land, he is not having any other income. What will be his tax liability for the Year 2019-20 ?

(a) 25,790/-

(b) 6,450/-

(c) 17,470/-

(d) 15,390/-