Primarily written for the students of Commerce, the present book is a complete study of tax planning, tax procedure and management, wealth tax, Central sales tax and service tax. Structured in five parts, the book contains fifty-nine chapters in all covering the latest syllabus prescribed by most of the Indian Universities. In addition to the detailed explanation of each of its topics, the book is rich in illustrations and practice exercises that facilitate easy understanding and quick revision of the subject. It will undoubtedly prove useful to the students of B.Com., CS (Final), M.Com., MBA, MFC and CFA. Besides students, the general readers keen to obtain basic knowledge of tax will find this book highly informative.