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incedence of capital gains

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(Querist)
27 December 2010 please guide me which is the finanical year and ass year
i have sold property on feb 2008 and site purchased on march 2008 and start constructing and will be finishing in jan 2011 if the capital gain comes it should be assessed in which year
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sachin

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sachin (Expert)
28 December 2010 FY: 2008-09
AY: 2009-10
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sudha

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sudha (Querist)
30 December 2010 Thank you for the response. But the completion will be in jan 2011 so will it not be FY2010-11 and AY2011-12
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sachin

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sachin (Expert)
30 December 2010 Ya correct
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