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Long term capital gain tax on sale of property

(Querist) 11 July 2016 This query is : Resolved 
We are 4 brothers. Our mother is a widow and her age is 89 years. Our mother owns a flat. Instead of making a will, she wants to sell the flat and distribute the money among us 4 brothers as gift. The flat was purchased in the year 1970.Has she to pay long term capital gain tax and how much?
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Advocate Kappil Cchandna (Expert) 11 July 2016
Sir,

Call CA karan Chandna at 9871563826.

Warm Regards
Kapil Chandna Advocate
9899011450
Rajendra K Goyal (Expert) 15 July 2016
Discuss with local tax consultant.

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