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