Hiiiiiiiii all, I am a member of Mysore bank cooperative society from 1969-2011.When i was member i was allotted a site in 1970 with possession certificate.But i have registered the same in 1988 for a consideration of 4500/-.In 2012 i have constructed apartments on the same.And in 2013 i have sold my flat for a consideration of 30Lacks. And for that construction purpose i incurred 20 Lacs. As land was aquired before three years it is long term,and building constructed in 2012 it is short term.Am i right? If it was right,how to separate land and building values? Please clarify?