FIFT TO HUF - SEC 64 AND SEC 54 RELATED

KIndly read FIFT as GIFT in my query posted a while ago.

Thanks

No.

If A invests in property he can claim the LTCG exemption.

A already golds 2 residetial flats and therefore would not be ble to claim benefit u/s 54.

How about HUF reinvesting it? 

Thanks

Due to clubbing provision LTCG is assessed under PAN of individual A. How can investment by HUF exempt 'A' liability?.

Moreover under sec. 54 there is no restriction of holding only 2 HP; that provision is u/s. 54F.

Thank you for your reply.

However since it is a plot and not residential house,Sec 54 F would not apply. Another professional has suggested that since HUF would have no LTCG as reinvestment takes place in the name of HUF only, nothing will get added to A.

Not an authentic suggestion, without supporting  any rule or case-law.