Q.
1
(a) Mr. A purchased a house for self residence of Rs. 80 lacs by taking a loan of Rs.60 lacs from SBI at 10% interest, instead of using his own funds.
(b) Mr. A made investment in purchasing 12% redeemable debentures of TISCO worth Rs. 1.50 lac.
(c) Mr. A purchased 100 gram gold biscuits of Rs.2.5 lac from SBI on the occasion of Diwali.
(d) Mr. A invested Rs. 1 crore in purchasing 5 acres of agricultural land in his native village in Gaya.
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A
(a) and (b)
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B
(b) and (c)
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C
(a) and (d)
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D
(c) and (d)