What is the correct sequence to be followed for the following transactions undertaken by an individual while computing his gross total income as per the Income-tax Act, 1961?
A. Investment in own public provident fund
B. Investment in one residential house in India for exemption from capital gains
C. Interest on capital borrowed for purchasing a self-occupied house property
D. Tax on employment
E. Payment of Medical insurance premium on his own life
Choose the correct answer from the options given below:
1
C, B, D, E, A
2
D, C, B, A, E
3
E, A, D, B, C
4
B, C, E, A, D