weather it attract LTCG or STCG

harsha (student) (14 Points)

17 October 2017  
HI,
I met a case that the assessee purchased a land in 2012-13 financial year. He constructed two properties on the said land in financial year 2015 -16. He sell the both properties in financial year 2016 -17.what is the capital gains treatment.weather it attract LTCG or STCG. whether I can show the sale of land as LTCG AND sale of constructed properties as STCG.Please guide me the tax treatment.