Q. When Mr. Avinash earned long-term capital gain of Rs. 1,80,000 on sale of listed shares, his total income being Rs. 10 lakhs, the amount of income-tax (including cess) on the said long-term capital gain would be _________ . (Solved)
1. Nil
2. Rs. 18,720
3. Rs. 8,320
4. Rs. 10,400
- c. Rs. 8,320