My father purchased a flat in Mumbai in 1972. The cost of which was Rs 65000/-. He expired in 1995, there was no will. My mother’s name was placed in the share certificate. We are 4 brothers, sons of my father and mother, My mother passed away in July 2014. I wish to buy the house and pay my brother’s their shares, as evaluated for the flat.

Pl advise on the tax implications on such a sale / transfer of rights by my brothers