Dear sir, I have inherited my late fathers property in 2002, now I want to sell it at rs 50 laks, according to the papers and documnts my late father bought this property in 1960 for rs 30 thousand, now I want to deposit this amount of rs 50 lakhs in the bank , please tell me what's my capital gain tax liability

This forum is about the U.S. taxes.
For India taxes, you can post at mytaxes - Index (http://mytaxes.in)