Question $2$

Mr Lim $($Malaysian citizen$)$ transfered a $6$ acre land to his wife Mrs Lim for RM$300,000$ on $26$ July $2018.$ The market value of the house at the time of transfer was RM$410,000.$ Mr Lim bought the land on $18$ February $2016$ for RM$180,000.$ He incurred stamp duty and legal fee of RM$3,000$ and RM$3,800$ respectively in connection with the purchase. Mrs Lim disposed the land on $23$ October $2023$ for RM$620,000.$ Prior to disposal of the land, she incurred capital expenditure amounting of RM$50,000$ in order to enhance the value of the land. She also incurred RM$5,000$ on legal fees to defend the title of the land. Mrs Lim is a permanent resident of Malaysia.

Required:

$($i$)$ State the RPGT position of Mr Lim on the disposal of his land to his wife.

$($ii$)$ Compute the RPGT payable by Mrs Lim on the disposal of the land if she does not elect for private residence exemption.