Comment posted on How to Save Capital Gains Tax (LTCG) when Selling Land / Plot by Nilesh.
I booked flat in 2008, did registration in 2008 and got possession in 2010. I want to sell this flat now (2012). So I want to sold it after more than 3 years from date of registration will it be a long term capital gain or as I paid installments till 2010,it will be shot term capital gain.
(3 yeras considered from date of registration or date of possession?)