Under which section of the Transfer of Property Act, there is restriction for accumulation of property beyond a certain period?

Option A: Section 17

Option B: Section 14

Option C: Section 20

Option D: Section 25

Correct Answer

Option: a

Explanation

Doctrine of accumulation is a way to restrain the enjoyment of property. According to Section 17(1), if the conditions of the transfer of property direct the income that arises out of the property to be accumulated either wholly or in part for a period of time that is longer.

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