According to this, you could do:
declare @lon float=72.571362;
declare @lat float=23.022505;
declare @r float=6371;
declare @rad float=5; /* This is your search radius in km */
select *
,acos(sin(@lat)*sin(radians(latitude))+cos(radians(@lat))*cos(radians(latitude))*cos(radians(longitude)-radians(@lon)))*@r as distance
from yourtable
where latitude between @lat-degrees(@rad/@r) and @lat+degrees(@rad/@r)
and longitude between @lon-degrees(@rad/@r/cos(radians(@lat))) and @lon+degrees(@rad/@r/cos(radians(@lat))
and acos(sin(@lat)*sin(radians(latitude))+cos(radians(@lat))*cos(radians(latitude))*cos(radians(longitude)-radians(@lon)))*@r<=@rad
Btw. you should put index on latitude and longitude fields to gain max performance