TABLE OF CONTENTS Introduction; Research Methodology; I. Conceptual Understanding; x Taxi Taxation; x History of the Law of Tax In India; x Tax and Constitution; x Tax Planning; x Tax Evasion; x Tax Avoidance; II. Tax Planning Tax Avoidance and Tax Evasion- Distinction; x Planning and Tax Evasion; x Tax Planning and Tax Avoidance; x Tax Avoidance and Tax Evasion; III. Judicial Trends; x Brief analysis of the judicial trends in U.K; x Judicial Trends in India; * Judicial trend prior to McDowell's case; * Change in the approach after McDowell's case; * The recent trend; IV. Tax Avoidance vis-A vis Income Tax Act of 1961; x Measures taken by the Income Tax Act; * Clubbing Provisions; * Transfer Pricing provision; * Other provisions; Conclusion; Annexure; Bibliography; Table of Cases