Mr. X sold a residential house property in June 2022 for a sale consideration of 75,00,000. The property was purchased by him in May 2010 for 35,00,000. He incurred 1,50,000 on stamp duty, registration and legal expenses related to the sale. Compute the long-term capital gains, tax liability and the amount of investment to be made in specified bonds to claim exemption under Section 54EC of the Income Tax Act, 1961.