Long term capital gains tax

Murali Rotti Sathyanarayana (Manager of Accounts) (165 Points)

30 July 2018  
Purchased property in the year 1966 for Rs. 1,00,000 by mother. In 2006 mother passed away and got the property through will by her daughter in law and grand daughter. Property is sold in October 2017 for Rs. 50,00,000. Now for consideration of cost of acquisition which value do we need to consider. Please advise.