Both statements regarding the taxation system under Krishna Deva of Vijayanagar are correct. The first statement highlights the systematic approach to taxation based on land quality, reflecting a pragmatic and fair revenue model that sought to optimize agricultural productivity. The second statement indicates that industries were also subject to taxation, demonstrating a diverse economic framework that included taxation on craft and industry, promoting an organized economic structure. Collectively, these aspects underscore Krishna Deva's administrative efficiency in managing a complex agrarian and industrial economy.