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TAX PLANNING

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(Querist)
28 November 2008 Can you explain me the term "tax planning".
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
28 November 2008 Tax planning is term used for planning for tax. It includes how you can save your tax in legal manner. It is different from Tax Avoidance. Everything is planned as per and in the ambit of Income Tax Act.
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Ravi S.

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Ravi S. (Expert)
28 November 2008 Planning for reducing Tax
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O.D.SHARMA

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O.D.SHARMA (Expert)
29 November 2008 Planning for yearly minimising tax liability.Tax saving by the means of available ways
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
29 November 2008 It is a systematic manner in which we reduce the burden of tax payment by way of specific investment or payment by way of donations.
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sekhar

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sekhar (Querist)
04 December 2008 thank you very much for your advice,
i just want to know the meanings of tax planning and tax evasion
can you explain it in a decided case laws
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