Dear Sir,
I had booked a flat in Apr-2011 in 45 Lacs in CLP ,upto March-13 i paid 30 % from my savings and in March-2013 i took a home loan and paid installments to builder as per CLP. Before registry Circle rates are revised and my registry was done @ 65 Lacs. Approx 3.5 Lacs I paid as stamp duty and other expenses in registry. Now i want to sell my Flat, if i sold it @ 72 Lacs , then what will be my tax liabilities, is it considered as Short term capital gain or Long term Capital gain as i start paying to builder in Apr-11.
