Capital gains?

sri lakshmi revathi (internship) (73 Points)

07 March 2015  

Dear all,

        One of our client have purchased an agriculural land in 1995, he wanted it to sell such land after converting it into non-agricultural residential land. Then on sale it attracts capital gains, i want to know that whether it attracts short term or long term capital gain? And the cost to be taken for purchase value?