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Read Assertion (A) and Reason (R) and answer using below Assertion...

This question belongs to Law Indian Partnership Act
Indian Partnership Act
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Read Assertion (A) and Reason (R) and answer using below:
Assertion (A): Salary drawn by a partner from the firm for his services rendered to it has been treated different from his right to get an additional amount in the form of salary as his share of the firm's profit.
Reason (R): Because R. M. Chidambaram Pillai v. Commissioner of Income Tax case laid down above principle.

Answer & Solution
Correct Answer: Option B
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