Dt rtp mcq

ATUL GUPTA (CA FINAL STUDENT) (38 Points)

04 June 2019  

Mr. Gagan, aged 67 years and resident, is a retired person earning a monthly pension of

` 12,000 from his employer. He purchased a piece of land in Delhi in December, 2010

and sold the same in April, 2018. Taxable LTCG amounted to ` 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 (rounded off) for the year 2018-19?

(a) ` 25,790

(b) ` 6,450

(c) ` 4,370

(d) ` 17,470