The line between Tax Evasion and Tax Avoidance is very thin. Tax evasion is a crime, where as tax avoidance is planning by using legitimate opportunities given under the provisions of tax laws to reduce the tax liability. Therefore, tax planning requires a thorough understanding of the tax provisions. With the changing economic scenario and fast expanding corporate empires of Indian corporate houses through mergers and takeovers inside and outside the country, it is extremely important for a planner to understand not only the Indian Tax laws but also the tax laws of various other countries. Not knowing the Law is no excuse and hence compliance with tax laws will be equally important for a tax planner. This course is designed for students who are keen to understand the tax laws and specially the application aspect of the same. The course has been divided into three parts: Part one deals with the basics of tax laws, Part two deals with the planning aspects and Part Three gives an overview of the two indirect tax laws. The course will require some good amount of reading and analysis of decided court cases on the part of the students.