PERIOD OF HOLDING UNDER SEC 54F

A bought a plot in 1995 and gifted it to B(his blood relative) via a tranfer deed duly registered with the Sub Registrar on 01.01.2024.

Is B required to wait 2 years from 01.01.2024 to sell and claim benefit of LTCG under Sec 54F?

I am aware that the date of purchase of A will be relevant for LTCG of B but I am told that the Revevue has gone against it in some cases.

Reference of any case laws on the subject shall be appreciated.

Thanks.