Tax Planning and Accounting is as old as taxation, because every body want to minimize his tax liability. Tax is a complicated subject. It is difficult to understand but it is very difficult to pay. In this book emphasis is given to simplify this complex subject in a reader friendly manner. This book is written in a simple language, explaining the provisions of law step-by-step, without resorting to paraphrasing of section and legal jargon. The materials provide in the book will aid to understand the subject in a better way. The text has been extensively tested in B.Com., BBA, BCA, M.Com., MBA, CA, ICWA and CS Classes.