Which one of the following statement is not correct?

I. In Ryotwari System, the peasants or cultivators were regarded as the owners of the land. They had ownership rights, could sell, mortgage or gift the land.

II. The taxes were directly collected by the government from the peasants in Ryotwari System.

III. This system divided the land into Mahals. Sometimes, a Mahal was constituted by one or more villages.