Concept:
Gupta temples are important examples of early structural temple architecture in India.
They mark the beginning of mature temple forms in Indian architecture.
Step 1: Match Dashavatara Temple.
Dashavatara Temple is located at Deogarh.
So,
\[
A \rightarrow IV
\]
Step 2: Match Parvati Temple.
Parvati Temple is associated with Nachna Kuthara.
So,
\[
B \rightarrow I
\]
Step 3: Match Kankali Devi Temple.
Kankali Devi Temple is associated with Tigawa.
So,
\[
C \rightarrow II
\]
Step 4: Match Shiva Temple.
Shiva Temple is associated with Bhumara.
So,
\[
D \rightarrow III
\]
Thus, the correct matching is:
\[
A-IV,\ B-I,\ C-II,\ D-III
\]
Hence:
\[
\boxed{\text{(B)}}
\]