Assertion (A): In the absence of a partnership deed, partners are entitled to interest on capital at 6% p.a. Reason (R): The Indian Partnership Act, 1932 allows interest on capital only if there is an agreement. Choose the correct option:
A.A is false but R is true.
B.A is true but R is false.
C.Both A and R are true but R is not the correct explanation of A.
D.Both A and R are true and R is the correct explanation of A.
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