46. Mr. Arvind gifted a house property to his wife, Ms. Meena and a flat to his daughter-in law, Ms. Seetha. Both the properties were let out. Which of the following statements is correct? (a) Income from both properties is to be included in the hands of Mr. Arvind by virtue of section 64. (b) Income from property gifted to wife alone is to be included in Mr. Arvind's hands by virtue of section 64. c Mr. Arvind is the deemed owner of house property gifted to Ms. Meena and Ms. Seetha. (d) Mr. Arvind is the deemed owner of property gifted to Ms. Meena. Income from property gifted to Ms. Seetha would be included in his hands by virtue of section 64. (c)