If the deed of transfer contains any provision to retransfer the asset or income, directly or indirectly, in whole or in part, it is considered as
A. Revocable transfer
B. Irrevocable transfer
C. Can be both
D. None of the above
Answer:A
If the deed of transfer contains any provision to retransfer the asset or income, directly or indirectly, in whole or in part, it is considered as
A. Revocable transfer B. Irrevocable transfer C. Can be both D. None of the above