State with reasons whether the following acts can be considered as Tax Planning or Tax Management or Tax Evasion? (i) A Partnership firm made a payment of ₹70,000 towards purchase of Television which is kept at the resid

Tax Planning, Tax Management, or Tax Evasion: (i) Partnership firm claiming depreciation on TV kept at partner's residence: This act is a clear case of Tax Evasion . Reason: The firm is deliberately providing false information in its books of accounts by showing the installed location of the television as the office, while it is actually kept at a partner's residence. The purpose is to claim depreciation, which is a business expense, thereby reducing the firm's taxable profits and consequently its tax liability. This involves misrepresentation of facts and an illegal attempt to reduce tax, which constitutes tax evasion.