Given below are two statements - One is labelled as Assertion A and the other is labelled as Reason R:
Statement I : Tax planning promotes professionalism and strengthens economic and political situation of the country.
Statement II : Tax evasion is an act within the permissible range of the Act to achieve social and economic benefits.
In the light of the above statements, choose the most appropriate answer from the options given below :
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true