UGC NET
profile-img
Eduncle Asked an Mcq
December 23, 2019 5:27 pm
  • UGC NET
  • Law

Read Assertion (A) and Reason (R) and answer by using codes 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 Vs. Commissioner of Income tax case laid down above principle.
Codes :

Choose Your Answer:
  • 0 Attempts
Submit Now
  • 0 Likes
  • 1 Comments
  • 0 Shares
  • Eduncle Best Answer

    Both (A) and (R) are wrong.

    Likes(0) Reply(0)
How Eduncle Helps You ?
StudentTutorInstitutionApp
Help
FAQsPayment TermsRefund PolicyAsk Support
Head Office :
MPA 44, 2nd floor, Rangbari Main Road,
Mahaveer Nagar II, Kota (Raj.) – 324005

Corporate Office:
212, F-1, 2nd Floor, Evershine Tower,
Amrapali Marg,
Vaishali Nagar, Jaipur (Raj.) – 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com