Exemption u/s 54 if property purchased in name of family member

This discussion explores whether an individual can claim an exemption under Section 54 of the Income Tax Act when they sell a residential property and purchase a new one, but the new property is registered in the name of their spouse and children. While some opinions suggest it's not possible, others indicate it might be, referencing an article on purchasing property in a spouse's name. The thread also touches upon how to declare this in the Income Tax Return (ITR).