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Mohan is an accountant by profession and live sin Kuala Lumpur, In 2021, he bought 10 lots of shares from Bintang Son Bhd. On June

Mohan is an accountant by profession and live sin Kuala Lumpur, In 2021, he bought 10 lots of shares from Bintang Son Bhd. On June 2021, he sold five lots of these shares when the market price increased. From the activity, he made a total gain of RM75,000. Required: Explain with reasons whether the RM75,000 gain is liable for income tax.

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